Acquisitions10 Mar 2026, 07:44 pm
Whirlpool of India Acquires Complete Shareholding in Elica PB Whirlpool Kitchen Appliances
AI Summary
Whirlpool of India Ltd has completed the acquisition of an additional 3.18% of the issued and paid-up share capital of Elica PB Whirlpool Kitchen Appliances Private Limited (Elica India). This acquisition brings Whirlpool of India's total shareholding in Elica India to 100%, enhancing its control and strategic position in the kitchen appliances market.
Key Highlights
- Whirlpool of India Ltd has acquired an additional 3.18% of Elica PB Whirlpool Kitchen Appliances Private Limited's share capital.
- This acquisition increases Whirlpool of India's total shareholding in Elica India to 100%.
- The acquisition strengthens Whirlpool of India's strategic position in the kitchen appliances market.
- The transaction is in line with Whirlpool of India's growth strategy and commitment to the Indian market.