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Wipro’s arm signs definitive agreement to acquire Canway Corporation

04 Dec 2019 Evaluate

Wipro Consumer Care and Lighting (WCCL), the consumer care business of Wipro, has signed a definitive agreement to acquire Canway Corporation, a South African personal care company. Canway markets brands ‘Oh So Heavenly’, 'Iwori' and ‘IQ’. The ‘Oh So Heavenly’ brand enjoys market leading position in multiple categories such as bath & shower, hand creams, fragranced body sprays, and kids products.

Wipro is a leading global information technology, consulting and business process services. The company harnesses the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help clients adapt to the digital world and make them successful.

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Company Name CMP
TCS 2075.25
Infosys 994.15
HCL Technologies 1180.75
Wipro 158.60
Tech Mahindra 1495.70
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