FMCG major Marico is set to acquire a 60% stake in plant-based nutrition brand Cosmix Wellness for approximately Rs 375 crore. This strategic move strengthens Marico’s digital-first portfolio and positions it in the rapidly growing wellness segment. The acquisition aims to accelerate Cosmix’s growth and expand into adjacent wellness categories.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets