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Marico acquires 53.98% stake in HW Wellness Solutions

Marico acquires 53.98% stake in HW Wellness Solutions

May 23, 2022 5:45 IST | capital market
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. Powered by Capital Market - Live News

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