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BRAND NEWS : Marico buys Kerala soap brand
Marico, the healthcare and cosmetic products company, has acquired a herbal bath soap brand, Manjal, from Oriental Extractions for an undisclosed sum. The brand has an annualised turnover of Rs 9 crore and has a presence mainly in Kerala.Harsh Mariwala, chairman and managing director, said he expected Manjal to do well in the future by leveraging on Marico’s wider distribution network and better brand positioning. The soap is a turmeric-based formulation, which is marketed under the S D Pharmacy banner.

new Launched brands - launched Rainer Brand Models in Kerala