SECTOR
Marico to acquire balance 46.02% of paid-up share capital of HW Wellness Solutions
Sep-12-2025

Marico has entered into a definitive agreement to acquire the balance 46.02% of paid-up share capital of HW Wellness Solutions (HW Wellness) from its Founders and other shareholder(s) as per the terms and conditions agreed thereunder. The current transaction is towards acquisition of remaining equity stake in HW Wellness, upon completion of which it will become a wholly owned subsidiary of the Company.

The Company previously acquired 53.98% of the paid-up share capital of HW Wellness, thereby making it a subsidiary.  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. The acquisition of balance 46.02% equity stake in HW Wellness will be completed on or before September 30, 2025, subject to satisfaction of terms and conditions of the definitive agreement.

Marico is one of India’s leading Consumer Products Group, in the global beauty and wellness space.

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