India: Parachute owner Marico to buy majority of Satiya Nutraceuticals for $45m

India: Parachute owner Marico to buy majority of Satiya Nutraceuticals for $45m

Source: IndiaMART

India’s popular Parachute coconut oil maker Marico on Thursday said it has signed a deal to acquire a 58% stake in Satiya Nutraceuticals, a plant-based nutrition brand for Rs 369.01 crore ($45 million).

Edited by: Joymitra Rai