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Whirlpool completes acquisition of 49% stake in Elica PB

11 Sep 2018 Evaluate

Whirlpool of India has completed the acquisition of 49% of the issued and paid up share capital of Elica PB India. With this transaction, Whirlpool of India will hold 49% shareholding in Elica PB India.

Earlier in the month of June, the company had received approval to enter into a strategic joint venture (JV) with Elica PB India. As part of the JV, Elica PB will manufacture and distribute cooking and built-in appliances under the Whirlpool brand in India.

Whirlpool of India manufactures appliances. The company produces refrigerators, washing machines, air conditioners, microwave ovens, water purifiers, built-in appliances and other products.

Whirlpool Of India Share Price

955.90 -21.85 (-2.23%)
08-May-2026 16:59 View Price Chart
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