Overview
- Bharti Enterprises and Warburg Pincus announced a joint deal to acquire a combined 49% in Haier India, subject to transaction completion.
- Haier Group will hold 49% after the deal closes, with the remaining small stake retained by Haier India’s management.
- Financial terms were not disclosed, with companies emphasizing strategic goals rather than valuation details.
- The partners say new capital and capabilities will deepen local sourcing, expand factory capacity, spur product innovation, and speed market reach.
- Company statements cite roughly 25% compound annual growth in India over seven years and a portfolio spanning ACs, refrigerators, TVs, washing machines, and kitchen appliances.