Marico has completed the acquisition of balance 46.02% of equity capital of HW Wellness Solutions (True Elements), thereby increasing the Company’s aggregate equity stake from 53.98% to 100%.
The strategic investment in HW Wellness has led to Marico scaling its presence in healthy breakfast and snacking categories and accelerating its digital transformation journey by adding another digital-first brand with a strong and differentiated proposition in its portfolio.
Marico is one of India’s leading Consumer Products Group, in the global beauty and wellness space.