Who owns MÁDARA?
MÁDARA is owned by MADARA Cosmetics (Latvia, Nasdaq Riga: MDARA).[1]
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Evidence: MADARA Cosmetics AS Annual Report 2025. Last checked .
Key facts
- Current owner
- MADARA Cosmetics AS reported
- Owner HQ
- 🇱🇻 Latvia, Mārupe
- Origin
- 🇱🇻 Latvia
- Founded
- 2006
- Category
- Personal care & beauty › Skin care › Facial skin care
- Parent ticker
- Nasdaq Riga: MDARA
- Last verified
- · 1 sources
About MÁDARA
MÁDARA is a Latvian brand of natural skincare and make-up certified to the Ecocert/COSMOS standard, made by MADARA Cosmetics since the company's founding in 2006. It accounted for 82 per cent of the company's sales in the first half of 2026. Latvia is its largest market, and in Germany it is sold in 125 Müller stores. Its products include the Skin Equal tinted moisturiser and the AGE PRO line.
Ownership timeline of MÁDARA
- Current owner MADARA Cosmetics [1] reported
Where MÁDARA sits in MADARA Cosmetics
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full MADARA Cosmetics ownership tree →
Other brands in facial skin care, and who owns them
The 85 brands in facial skin care on Brandtree belong to 45 owners. The largest is POLA ORBIS, with 6.
| Brand | Owner | Owner based in |
|---|---|---|
| DECENCIA | POLA ORBIS | 🇯🇵 Japan |
| Clinique | Estée Lauder | 🇺🇸 United States |
| ANYA | Proya | 🇨🇳 China |
| COSRX | Amorepacific | 🇰🇷 South Korea |
| Clé de Peau Beauté | Shiseido | 🇯🇵 Japan |
| Paula's Choice | Unilever | 🇬🇧 United Kingdom |
| ALBION | KOSÉ | 🇯🇵 Japan |
| O HUI | LG H&H | 🇰🇷 South Korea |
About the owner: MADARA Cosmetics
MADARA Cosmetics is a publicly listed company headquartered in Mārupe, Latvia, founded in 2006. Brandtree records 1 brand under its control, and it is listed as Nasdaq Riga: MDARA.
MADARA Cosmetics describes itself as the largest cosmetics manufacturer in Latvia. It was founded in 2006, makes certified natural skincare and make-up under its own MÁDARA brand at a plant in Mārupe near Riga, and exports to more than 30 countries. It also makes products for other brands under contract, including MOSSA and SELFNAMED, both of which it owned until it divested them in 2024. Turnover was €23.2 million in 2025, and the company became a certified B Corp that year.
MADARA Cosmetics: full profile, brands and acquisition history →
🇱🇻 MÁDARA and other Latvian brands
Brandtree records a controlling owner for 22 brands that began in Latvia. 11 of them (50%) are now controlled by a company headquartered in another country; MÁDARA is not one of them.
- Cido — Royal Unibrew 🇩🇰
- Cosmopolitan Diva — Amber Beverage Group 🇱🇺
- Cēsu Alus — Olvi 🇫🇮
- Dzintars — Rīgas Piena Kombināts 🇱🇻
- Jelgavas Cukurs — Nordzucker 🇩🇪
- Kekava Foods — Akola Group 🇱🇹
Frequently asked questions
Who is the parent company of MÁDARA?
The parent company of MÁDARA is MADARA Cosmetics, a publicly listed company headquartered in Latvia.
Is MÁDARA Latvian?
Yes. MÁDARA originated in Latvia in 2006 and its owner, MADARA Cosmetics, is also headquartered in Latvia.
Is MÁDARA still owned by MADARA Cosmetics?
Yes. As of 27 October 2026, MÁDARA is still owned by MADARA Cosmetics. The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] MADARA Cosmetics AS Annual Report 2025 — MADARA Cosmetics AS, Annual report; retrieved 27 October 2026.
Report a correction Opens a pre-filled GitHub issue. See our corrections policy.