Wipro Acquires Good Home, EVA Brands for ₹256 Crore

Wipro Consumer Care & Lighting has acquired Good Home and EVA brands from TTK Healthcare in a deal worth ₹256 crore. The acquisition aims to expand Wipro's presence in the fast-growing home and personal care segments.

The deal was signed on Thursday, with TTK Healthcare expecting the sale to be completed by September 30, 2026, subject to certain conditions. The total value of the consideration is ₹256 crore plus applicable GST.

The Good Home and EVA brands reported combined revenue of ₹148 crore for FY26, contributing 17% to TTK Healthcare's total turnover. Good Home is a home care brand with a portfolio spanning air care, odour removers, scrubbers, and drain cleaners, while EVA operates in deodorants, body sprays, and other personal care products.

According to Kumar Chander, CEO of Wipro Consumer Care & Lighting, this acquisition strengthens the company's home care and personal care portfolio and expands its presence in categories with strong consumer relevance and long-term growth.

TTK Healthcare Executive Chairman TT Raghunathan believes Wipro Consumer Care is well-positioned to take the Good Home and EVA brands to the next stage of growth, supported by its strong FMCG capabilities and track record of nurturing acquired brands.

Wipro Consumer Care & Lighting had revenue of ₹10,800 crore in FY25-26 and operates in various categories, including personal care, home care, and lighting. The company has a presence across the Middle East, Africa, and other developing countries, with the majority of its revenue coming from international businesses.

This acquisition is Wipro's 17th to date and follows the company's recent acquisition of the Philippines' leading personal care company, S Brands.

The acquisition is expected to further strengthen Wipro's position in the FMCG market and expand its presence in the home and personal care segments.

The deal is subject to regulatory approvals and is expected to be completed by the end of September 2026.

The acquisition of Good Home and EVA brands is a significant move for Wipro Consumer Care & Lighting, as it looks to expand its presence in the fast-growing home and personal care segments.

In terms of significance, this acquisition is a major development for Wipro and the FMCG industry as a whole, as it highlights the company's commitment to expanding its presence in key markets and categories.

Overall, the acquisition of Good Home and EVA brands is a strategic move for Wipro Consumer Care & Lighting, and is expected to have a positive impact on the company's growth and expansion plans.