Wipro Consumer to acquire Good Home, EVA Brands for Rs 256 crore
India, July 24 -- Wipro Consumer Care & Lighting will acquire Good Home and EVA brands from TTK Healthcare in a Rs 256 crore deal, expanding its play in the fast-growing home and personal care segments.
The FMCG arm of Azim Premji-led Wipro Enterprises signed definitive agreements on Thursday, according to a joint statement.
In a regulatory filing, Chennai-based TTK Healthcare said it expects the sale to be completed by September 30, 2026, subject to fulfilment of conditions precedent. "The total value of the consideration is Rs 256 crore plus applicable GST," it said.
TTK Healthcare operates in FMCG, pharmaceuticals, healthcare & food industries space.
Both the brands - EVA and Good Home - had reported combined revenue of Rs 148 cror...
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