Whirlpool of India Limited has completed the acquisition of additional 3.18% equity shares in Elica PB Whirlpool Kitchen Appliances Private Limited, achieving 100% ownership of the subsidiary. The transaction involved purchasing 154,105 equity shares and was completed on March 10, 2026, following the initial intimation to stock exchanges on February 06, 2026. This strategic acquisition strengthens the company's position in the kitchen appliances market and provides complete operational control over the subsidiary.

Whirlpool of India Completes 100% Acquisition of Elica PB Whirlpool Kitchen Appliances

Whirlpool of India Completes Acquisition of Elica PB Whirlpool Kitchen Appliances

Whirlpool of India Limited has successfully completed its full acquisition of Elica PB Whirlpool Kitchen Appliances Private Limited, securing 100% ownership through the purchase of additional equity shares.

Key Highlights:

Transaction announced on March 10, 2026
Whirlpool of India achieves 100% ownership of Elica PB Whirlpool Kitchen Appliances
Purchase of additional equity shares completes the acquisition

The acquisition solidifies Whirlpool of India's position in the kitchen appliances market, offering enhanced product offerings and expanded reach to customers.

Strong Market Presence:

Increased market share through acquisition
Enhanced product portfolio with Elica PB Whirlpool Kitchen Appliances
Improved customer experience with broader product range

Whirlpool of India's commitment to innovation and customer satisfaction will continue to drive growth and success in the market.

Future Prospects:

Increased market competitiveness with expanded product range
Improved profit margins through economies of scale
Enhanced brand reputation through strategic acquisitions

The acquisition is a significant milestone for Whirlpool of India, marking a new chapter in its journey to become a leading player in the kitchen appliances market.

Acquisition Details:

Purchase of additional equity shares completes the acquisition of Elica PB Whirlpool Kitchen Appliances Private Limited.