M&A M&A
Marico acquires addl 20% stake in Cosmix Wellness for Rs.113.65 Cr
Source Cosmix Wellness (opens in a new tab)BSE Announcement (opens in a new tab)
Mumbai-based Marico Ltd has acquired an additional 20% stake in Bengaluru-based digital-first functional wellness brand Cosmix Wellness for a cash consideration of INR 113.65 crore, increasing its shareholding from 60% to 80%.Founded in 2019, Cosmix Wellness operates a digital-first functional wellness brand in the health and wellness segment. The company offers products across premium food and nutrition categories.Cosmix Wellness reported a turnover of INR 91.53 crore in FY26, compared with INR 47.25 crore in FY25 and INR 24.32 crore in FY24.