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Marico completes acquisition of True Elements, a health food brand, for up to Rs 138 crore.
Marico, an Indian FMCG company, has completed the acquisition of the remaining stake in HW Wellness Solutions, the parent company of health food brand True Elements, for up to Rs 138 crore.
This purchase gives Marico full ownership of True Elements, a brand known for its clean-label health products.
The acquisition aims to expand Marico's presence in the growing health and wellness food sector, which has seen significant growth, especially among younger consumers.
True Elements has shown strong revenue growth, increasing from Rs 57.40 crore in FY23 to Rs 164.38 crore in FY25.
The deal is expected to close by September 30, 2025.
Marico completa la adquisición de True Elements, una marca de alimentos saludables, por hasta Rs 138 millones.