Marico (MARICO) — Announcement

Marico's Vietnamese subsidiary MSEA has agreed to acquire 75% of Skinetiq, a D2C beauty company owning the skincare brand Candid and distributing Murad. The deal values Skinetiq at approximately ₹350 crores with total consideration up to ₹261.6 crores (VND 750 billion), payable in two tranches. Skinetiq generated ₹152 crores revenue in CY2025 (up from ₹61 crores in CY2024) with mid-twenties EBITDA margins. The acquisition aligns with Marico's premium beauty and D2C expansion in Vietnam's high-growth e-commerce market, expected to close within 90 days pending regulatory approval.

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About Marico Limited (MARICO)

Fast Moving Consumer Goods · Agricultural Food & other Products · Listed on NSE

Market Cap: ₹1,09,206.85 Cr P/E: 67.8

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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