Marico Limited does strategic investment in Apcos Naturals Private Ltd
Apcos owns Ayurvedic skin and hair care range ‘Just Herbs’
Marico acquired a 60% equity stake for an undisclosed consideration
The acquisition will happen over two years via primary infusion and secondary buyouts
Marico targets a portfolio of at least three Rs 100 Cr plus digital brands within three years
It had earlier signed strategic arrangements with men’s grooming brand ‘Beardos’ and Mumbai-based ‘Revofit’