Marico Completes Acquisition of 4700BC Popcorn Owner Zea Maize

Tip Ranks
2026.01.29 12:37
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Marico Limited has completed the acquisition of a 93.27% stake in Zea Maize Private Limited, owner of the premium popcorn brand 4700BC, from PVR INOX Limited, effective January 29, 2026. This acquisition aims to enhance Marico's presence in the value-added snacking and premium food segments, strengthening its competitive position in India's growing packaged snacks market. Marico is a leading FMCG company in India, focusing on nutritional, personal care, and wellness brands.