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September 03, 2015 6:11 AM ET

Personal Products

Company Overview of Wipro Consumer Care and Lighting Ltd.

Company Overview

Wipro Consumer Care and Lighting Ltd. manufactures and markets fast moving consumer goods. The company offers soaps, talcum powder, hand wash products, face wash products, day creams, night creams, hand and body lotions, sun screen lotions, toners, shower gels, deodorants, baby soaps, diapers, nappies, feeding bottles and accessories, honey, sweeteners, perfumes and personal care products, perfumed talcum powders, body mists, roll-on deodorants, liquid hand soaps, body sprays, and men’s body care products and fragrances. It also offers shampoos, hair gels, facial cleansers, shaving foams, hair soaps, liquid detergents, skin care products, compact fluorescent lamps, incandescent bulbs, fluore...

C Block

Doddakannelli

Sarjapur Road

Bengaluru,  560035

India

Founded in 1947

Phone:

91 80 2844 0011

Fax:

91 80 2844 0057

Key Executives for Wipro Consumer Care and Lighting Ltd.

President
Age: 53
Senior Vice President
Age: 49
Regional Director for East Asia, Middle East and Africa
Compensation as of Fiscal Year 2015.

Wipro Consumer Care and Lighting Ltd. Key Developments

HUL Is Reportedly In Talks To Buy Indulekha

Hindustan Unilever Limited (BSE:500696) (HUL) is in advanced discussions with Mosons Extractions Pvt. Ltd. to buy the Indulekha brand of hair care products, including an ayurvedic hair grooming oil and shampoo, for around INR 5 billion, according to two people close to the development. Several companies, including Wipro Consumer Care and Lighting Ltd. and L Capital Asia Advisors PLC, Louis Vuitton Malletier, S.A., dropped out of the race to acquire Indulekha citing valuation-related concerns, added the two people, who asked not to be identified. The owners of Mosons Extractions wanted INR 6 billion for the brand, one of the two added. If the negotiations are successful, HUL will buy all products under the Indulekha brand, including Bringha Ayurvedic Hair Oil, Bringha Selfie Bottle Hair Oil, Coconut Milk Shampoo, skin care oil, skin care cream and Acrot Natural Face Mask, the second person added. Anand Rathi Financial Services Limited is advising Mosons, the first person said. “We will conclude a deal with a potential investor after reaching a consensus on valuation of the brand,” said Afnas P., Chief Executive Officer of Mosons Extractions. He declined to share further details. A spokesperson for HUL declined to comment, reported Mint.

Wipro Consumer Care, Godrej Consumer Products, Tata Global Beverages and Emami Mulls Acquisitions

Wipro Consumer Care and Lighting Ltd. said it is looking for acquisitions to extend its footprint. "We are looking for acquisitions in developing regions such as Africa, Middle East, China and India. Our focus is on acquiring brands in the personal wash, toiletries and skin care segments," says Vineet Agrawal, President of Wipro Consumer Care. Godrej Consumer Products Limited (BSE:532424) said that, "We are looking at new acquisitions in Asia, Africa and South America. Secondly, after our acquisition of Darling Group's operations in South Africa, we are acquiring their operations in other African countries." Emami Limited (BSE:531162) will also look for acquisition targets in regions like Russia, Middle East and Africa in addition to the home market. Tata Global Beverages Limited (BSE:500800) is also keeping an eye out for inorganic opportunities in India and overseas. "Strategic alliances will fall in place when we foresee a right opportunity, be it in India or outside, “says Ajoy Misra, Tata Global’s Chief Executive Officer and Managing Director.

Wipro Consumer Care Mulls Acquisitions

Wipro Consumer Care and Lighting Ltd. is seeking acquisitions. Vineet Agrawal, Chief Executive Officer of, Consumer Care Business, Wipro, said, “We is looking for buyouts to accelerate growth and expand presence, especially in the domestic market.” "As for acquisitions we don't have any constraints. We will look at opportunities that fit into our strategy,"

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