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Whirlpool News
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According to a report from Reuters, the deal is expected to be valued at approximately $450 million.
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He joins Whirlpool from PepsiCo, where he was the Head of VIMAPS Business Unit based out of Malaysia, it added.
Consumer durables firm Whirlpool of India is targeting up to 15 percent revenue growth in the current fiscal on the back of new launches and sale of higher value products.
Consumer durables firm Whirlpool of India today reported over two-fold increase in net profit to Rs 40.72 crore for the second quarter ended September 30 on account of higher sales.
Sweden`s Electrolux AB said on Monday it would double US sales by paying $3.3 billion in cash for General Electric Co`s appliances business in its biggest ever deal.
Sweden`s Electrolux AB said on Monday it would double US sales by paying $3.3 billion in cash for General Electric Co`s appliances business in its biggest ever deal, giving it the scale to go head-to-head with larger rival Whirlpool.
Home appliances firm Whirlpool of India is targeting up to 12 percent growth in turnover at Rs 3,700 crore in the current fiscal on the back of new product launches including hi-end kitchen appliances and prudent cost management.
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