Deals

Completion Date
December 2011

Transaction Type
Company Sale

Transaction Value
(Not disclosed)

Lead Partner
Ashwani Tewari
Telephone +91 11 4617 0860

Background
Singhi Advisors acted on behalf of Maharaja Whiteline Industries Private Limited, a producer of high quality and best value home appliances and white goods, in the disposal of the majority shareholding.

The acquisition of the majority stake (55%) in Maharaja Whiteline Industries Private Limited by USD 5 Billion Groupe SEB, gives a strong foothold to Groupe SEB in India’s small electric appliance market which is growing at a rate of 15% annually.

What Difference Did We Make?
Singhi Advisors was initially hired by Maharaja Whiteline Industries for valuation advisory services for one of the Group companies that was engaged in JV negotitions with a European Player.

Subsequently, Singhi Advisors was retained by Maharaja Whiteline promoters to advise them on the sale of their majority shareholding to Groupe SEB. Singhi Advisors was able to negotiate and secure the best valuation and deal terms, much beyond the initial expectations of the Promoters and was able to structure the transaction in the most tax efficient manner.