Posted by AI on 2026-01-26 10:34:40 | Last Updated by AI on 2026-02-05 16:40:54
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In a significant development in the Indian business landscape, Marico Ltd., a leading consumer goods company, has announced its acquisition of Zea Maisie, the parent company of the popular healthy snack brand 4700BC. The deal, valued at a whopping 227 crore, was confirmed by PVR INOX, the previous owner of Zea Maisie, in a recent statement.
This acquisition marks a strategic shift for Marico, known for its diverse portfolio of personal care and consumer products. By venturing into the healthy snack market, the company aims to tap into the growing consumer demand for nutritious and convenient food options. Zea Maisie, with its innovative and ancient grain-based snack brand 4700BC, presents a unique opportunity for Marico to diversify its offerings and cater to health-conscious consumers. The brand has gained popularity for its use of ancient grains like ragi, jowar, and bajra, offering a nutritious twist to traditional snacks.
The transaction involves the transfer of equity shares, as per the definitive agreements between the parties. This move is expected to provide Marico with a strong foothold in the competitive snack market, allowing them to leverage Zea Maisie's expertise in ancient grain-based products. With this acquisition, Marico not only expands its product range but also gains access to a dedicated consumer base that values healthy and sustainable food choices.
As the deal concludes, industry experts anticipate a positive impact on the healthy snack segment. Marico's acquisition of Zea Maisie could potentially drive further innovation and competition, ultimately benefiting consumers with more diverse and nutritious snack options. This strategic move highlights Marico's commitment to adapting to evolving consumer preferences and staying at the forefront of India's dynamic consumer goods market.