India's No.3 software services exporter - Wipro through its consumer care subsidiary - Wipro Consumer Care & Lighting has entered into an agreement with UK based Lornamead Group to buy some of its personal care business for $45.5 mn.
Lornamead owns the Yardley brand, for the businesses in Asia, the Middle East, Australasia and some African markets.
The transaction is expected to be completed by mid-December.