Havells India is acquiring the white goods and electronics business of Lloyd Electrical and Engineering for Rs. 1,600 crore ($230 million)..AZB & Partners is advising Havells India with a team led by Partner Hardeep Sachdeva..PDS Legal is acting for Lloyd Electrical and the team is led by Partner Probal Bhaduri..This is the biggest deal in the consumer durable industry. This deal will mark Havells’ foray into the larger consumer appliances industry with a product portfolio straddling air-conditioners, washing machines, televisions and more, reported VCCircle.
Havells India is acquiring the white goods and electronics business of Lloyd Electrical and Engineering for Rs. 1,600 crore ($230 million)..AZB & Partners is advising Havells India with a team led by Partner Hardeep Sachdeva..PDS Legal is acting for Lloyd Electrical and the team is led by Partner Probal Bhaduri..This is the biggest deal in the consumer durable industry. This deal will mark Havells’ foray into the larger consumer appliances industry with a product portfolio straddling air-conditioners, washing machines, televisions and more, reported VCCircle.
