date:Dec 12, 2012
Cargill has signed an agreement to acquire Wipro Ltd.s flagship brand Sunflower Vanaspati, being marketed in the hard fats category. Sunflower Vanaspati is a premium brand in state of Maharashtra, India, and the scope of the acquisition is limited only to the product brand.
The acquisition strengthens Cargills existing portfolio of leading edible oil and vanaspati brands and also expands its market reach in Indias palm oil and its derivatives, including vanaspati market. Apart from marketing it