Wipro Consumer acquires S Brands to expand in Southeast Asia
after close1 source ↓written by the desknot a recommendation
- marking
- 16th global acquisition
- in the country
- ₹1,000 cr
- distribution
- 500,000 stores
Wipro Consumer Care & Lighting is acquiring S Brands Consumer Care Inc. in the Philippines, marking its 16th global acquisition. This deal will push revenue past ₹1,000 cr in the country, enhancing Wipro's presence in the fast-growing Southeast Asian market. The acquisition includes brands like KeratinPlus and DeoPlus, expanding distribution to over 500,000 stores.
This strategic move positions Wipro to capitalize on the rising demand for premium personal care products in the region.
Not investment advice. For informational purposes only.