History
DJ Modi, local Durban entrepreneur, launches locally manufactured personal care brands to be sold in his Moddisons stores in Kwazulu Natal
DJ Modi sells Moddisons Cosmetics to Trevor Edwards
Moddisons Stores sold to the Nu-Clicks Group
Moddisons rage of personal care products retained by Trevor Edwards under the trading name of Modex Cosmetics
Modex Cosmetics acquires the premium ethnic hair care brand, Caivil
Modex makes significant complimentary medicines acquisition with Kamillen (Hercules)
Trevor Edwards acquires Reckit factory and changes the company name to Enaleni Pharmaceuticals
EPCD sells ‘own premises’ and moves to Enaleni Pharma facility
Modex name change to Enaleni Pharmaceuticals (Consumer Division)
EPCD employees are notified that the division was to be sold
Short list of 4 companies announced for the final bid for EPCD (ie Marico, Godrej, Amka and empowerment co)
The Marico Due Diligence process begins
Marico is announced as the successful bidder
The final agreement is signed and Marico South Africa is registered as a wholly owned subsidiary of Marico Limited
Marico acquires the Ingwe traditional medicines range of products from Guideline Trading
Marico finalises the acquisition of Isoplus, the market leader in ethnic hair styling products in South Africa
