Marico Limited does strategic investment in Apcos Naturals Private Ltd

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’

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