NEW YORK — Sundari, the Ayurvedic skin care brand, has been sold. But Christy Turlington, one of Sundari’s three founders that launched the company in 1999, is staying — at least for now.
Mumbai, India-based Marico Industries Ltd., a $142 million conglomerate that chiefly produces oils for consumer and personal care products, purchased control of Sundari for an undisclosed sum in a deal that closed Tuesday night. Sources, however, speculated that the purchase price was more than double Sundari’s total sales, which were $1 million at wholesale last year.
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