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Marico snaps up India snacks firm Zea Maize
Yahoo Finance· 2026-01-28 12:24
Marico, one of India’s largest consumer-goods groups, has acquired more than 90% of Zea Maize, home to the 4700BC snacks brand. Zea Maize, set up in 2013, sells products including popcorn, makhana and nachos under the 4700BC label. Its snacks are available in more than ten markets. Publicly listed Marico is to pay Indian cinema group PVR INOX Rs2.27bn ($24.7m) for its stake in Zea Maize of just under 93.3%. Chirag Gupta, the founder of the 4700BC brand, will retain his shares and stay on with the busin ...