Godrej completes acquisition of Argencos

摘要

FMCG major Godrej Consumer Products Ltd said it has completed the acquisition of Argentinian hair care company Argencos for an undisclosed amount, its second buyout in Latin America within two months. In a filing to the Bombay Stock Exchange (BSE), the domestic firm announced the completion of the acquisition. Earlier in May, the company had announced that it had bought a 100 per cent stake in Latin America's Issue Group, the market leader in hair-colour in Argentina, Peru, Uruguay and Paraguay.