Whirlpool
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Indian Retailer Bureau Sep 28 2021 - 1 min readConsumer durables maker Whirlpool of India Ltd announced that it has inked a pact to acquire an additional 38 percent stake in Elica PB India for US$ 57 million (around Rs 420 crore). This will take its ownership from the current 49 percent to 87 percent, as per a media release issued by the companies. Elica ...
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Franchise India Bureau Jan 15 2019 - 1 min readGensol Mobility has launched BLU-SMART, India's first electric vehicle (EV) taxi fleet, in Delhi-NCR with around 70 cars. It will add up to 400 vehicles by the end of March 2019. Gensol Mobility has further invested more than Rs 50 crore to set up charging infrastructure in various parts of the city. The company is ...
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Franchise India Bureau Jun 02 2018 - 2 min readAmerican white goods maker Whirlpool has announced to acquire 49% in kitchen hood and cooking equipment maker Elica PB India for Rs 180 crore in an all-cash deal, as per a notice sent to stock exchanges. According to Whirlpool the investment is in line with its strategic priority to expand the ...
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Franchise India Bureau Sep 29 2017 - 1 min readThe company has set up its exclusive franchise stores for premium appliances in Chandigarh, Bengaluru, Kolkata and Jaipur. Besides expanding their nationwide footprint via franchise route, the brand is also mulling over introducing its premium kitchen appliances brand KitchenAid in India this year. KitchenAid is a US-based company that Whirlpool acquired in 1986, reported Business Standard.Whirlpool ...
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Ekta Sharma Sep 29 2017 - 4 min readA pioneer in water heating solutions, Racold is a brand name that has been trusted by generations. Racold is a flagship brand of Racold Thermo Pvt. Ltd that is tantamount with breakthrough innovation, premium quality and complete customer satisfaction. Ariston Thermo India Private Limited, a wholly owned subsidiary of Ariston Thermo Group, Italy, is responsible ...