Marico Announces Majority Stake Acquisition in Plant-Based Nutrition Brand Plix
Marico Limited has recently revealed its plans to acquire a majority stake in Satiya Nutraceuticals Private Limited, the parent company of the popular plant-based nutrition brand, Plix. The acquisition is expected to bolster Marico’s diversification strategy and broaden its presence in the value-added wellness foods and nutrition segments. Plix, founded by Rishubh Satiya and Akash…