 "Sun lotion image via Shutterstock.")
Wipro Consumer Care and Lighting, a part of Wipro Enterprises, said on Monday it has signed a agreement to acquire Splash Corporation, a Philippines-based personal care products company.
Splash had a turnover of $80 million last year and it's among the top five firms in its category in Philippines. Splash’s brands include SkinWhite (body lotions), Maxi-peel (exfoliants) and Vitress (hair conditioners).
“This is our 11th acquisition in consumer business and it reinforces our commitment to continue to invest in emerging markets to build a strong portfolio of local jewels that have created a niche market for themselves,” said Raghav Swaminathan, chief financial
