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Acquiring Company
Wipro Consumer Care International
Acquired Company
S Brands Consumer Care
Description
Wipro Consumer Care International has signed a definitive agreement to acquire 100% of S Brands Consumer Care Inc. This acquisition marks Wipro's second strategic move in the Philippines, following their previous purchase of Splash Corporation in 2019. The deal aims to strengthen Wipro's personal care portfolio and enhance its leadership in the Southeast Asian market. S Brands is known for its popular personal care products, further expanding Wipro's offerings.