Marico acquires 53.98% stake in HW Wellness Solutions
Marico has made a strategic investment and acquired stake in HW Wellness Solutions, a leading Digital first brand in the healthy breakfast and snack segment under the brand name True Elements (HW Wellness).
As part of the aforesaid transaction, the Company has acquired 53.98% of the paid-up share capital of HW Wellness and it has accordingly become a subsidiary of the Company.
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First Published: May 23 2022 | 5:45 PM IST