Marico Limited has successfully completed its strategic acquisition of Zea Maize Private Limited, marking a significant expansion into the premium snacking segment. The transaction, completed on January 29, 2026, involved acquiring a 93.27% stake in the company that owns the popular 4700BC brand.

Transaction Details

The acquisition follows definitive agreements that Marico entered into on January 26, 2026, with PVR INOX Limited as the selling party. The completion of this transaction has resulted in Zea Maize becoming a subsidiary of Marico Limited.

Strategic Implications

With this acquisition, Marico has strengthened its position in the consumer goods sector by adding the 4700BC brand to its portfolio. The 4700BC brand is known for its premium popcorn and snacking products, representing Marico's strategic move to diversify its product offerings beyond traditional personal care and food products.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Marico has made the transaction details available on its official website and informed both BSE Limited and The National Stock Exchange of India Limited about the completion of the acquisition.

Corporate Structure Impact

Following the completion of this transaction, Zea Maize Private Limited has officially become a subsidiary of Marico Limited. This change in corporate structure will enable Marico to leverage its distribution network and marketing expertise to further develop the 4700BC brand in the competitive snacking market.

Marico has outlined ambitious growth targets for its key business segments, signaling the company's strategic focus on expanding its market presence across international markets and food products.

International Business Growth Strategy

The company's international business division is targeting sustained growth momentum as part of its expansion strategy. This initiative reflects Marico's commitment to strengthening its presence in overseas markets and diversifying its geographical revenue base.

Foods Portfolio Expansion Plans

Marico's foods portfolio is positioned for significant growth, with the company expecting to achieve double-digit organic growth over the next two quarters. This projection indicates strong confidence in the foods segment's market potential and the company's ability to capture increased market share.

Strategic Business Focus

These growth initiatives demonstrate Marico's strategic approach toward diversifying its revenue streams beyond traditional product categories. The company's dual focus on international expansion and foods segment development reflects a comprehensive growth strategy aimed at capturing opportunities across different markets and product verticals.

The targeted growth in both segments positions Marico to leverage emerging market opportunities while building on its existing strengths in consumer goods manufacturing and distribution.