Marico Completes Acquisition of 75% Stake in Skinetiq
Marico Limited announced the completion of its acquisition of a 75% stake in Skinetiq Joint Stock Company on April 2, 2026. Skinetiq, a Vietnam-based company, owns the digital-first skincare brand Candid and holds exclusive distribution rights in Vietnam for the Murad brand.The acquisition was pursued through Marico South East Asia Corporation ('MSEA'), a wholly owned subsidiary of Marico Limited. Following the completion of the transaction, Skinetiq has become a subsidiary of MSEA and subsequently a subsidiary of Marico Limited.
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