Acquisitions11 Sept 2025, 06:01 pm
Marico Ltd to Acquire Remaining Stake in HW Wellness for Up to Rs. 138 Crores
AI Summary
Marico Ltd has entered into a definitive agreement to acquire the balance 46.02% of paid-up share capital of HW Wellness Solutions Private Limited, an entity that owns the brand 'True Elements', from its Founders and other shareholder(s). This acquisition will make HW Wellness a wholly owned subsidiary of Marico Ltd, strengthening its presence in the healthy breakfast and snacking categories and accelerating its digital transformation journey.
Key Highlights
- Marico Ltd to acquire the remaining 46.02% stake in HW Wellness Solutions Private Limited
- Acquisition will make HW Wellness a wholly owned subsidiary of Marico Ltd
- Strategic investment to scale presence in healthy breakfast and snacking categories
- Transaction to accelerate Marico's digital transformation journey
- Aggregate consideration of up to Rs. 138 Crores for the acquisition