New Delhi : Wellness and beauty company VLCC on Thursday said it has acquired a majority stake in Malaysia-based Wyann International for an undisclosed sum.
Kuala Lumpur-based Wyann International owns and operates a chain of 22 slimming and beauty outlets across Malaysia offering specialist services and innovative products through its established Bizzy Body, Facial First and masculine brands.
“We are very excited by this opportunity, which is not only significant as our first step beyond South Asia and the Middle East but also as our first move to grow through acquisition,” VLCC Group Chairman Mukesh Luthra said. This is an excellent spring board for the company to expand in South East Asia.
