Goldman Sachs $180 million acquisition of 50% stake in Amber Enterprises

9/1/2016

Private acquisition

Value:

$ 180 million

Status:

Completed

Date:

9/1/2016

Overview:

Goldman Sachs has acquired a 50% stake in Amber Enterprises for $180 million.
Goldman Sachs is acquiring a 34% stake held by Fairwinds Private Equity and 14-15% held by other promoters.
Amber is an Indian white goods manufacturer that produces items such as air conditioners, microwaves and components for refrigerators
Edelweiss Capital is advising Amber

Katrin Kostadinova - Data analyst

Jurisdiction:

India

Deal type:

Private acquisition

Practice areas:

Private equity
M&A

Governing law:

India

Industry sectors:

Consumer goods and services
Industrials and manufacturing

Firms:

Khaitan & Co

Party: Fairwinds (Seller)

Lawyer: Ganesh Prasad

Nishith Desai Associates

Party: Goldman Sachs (Acquirer)

Vaish Associates

Party: Amber Enterprises (Target)

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