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Good Hair Days For Godrej

Back-to-back deals expand firm’s presence in Latin America.

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By: TOM BRANNA

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India’s Godrej Consumer Products Ltd (GCPL) has signed a deal to acquire Argencos, a mid-sized Argentine hair care company selling hair care products under the Roby and 919 banners. The Argencos deal comes days after GCPL acquired Issue Group—comprised of Laboratoria Cuenca, Consell SA, Issue Uruguay and Issue Brazil—another regional hair care firm with revenues of more than $33 million in 2009. “The acquisitions of Issue and Argencos are important steps in establishing our footprint i...

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