Epack is India’s 2nd largest ODM/OEM manufacturer of air conditioners and a leading manufacturer of small home appliances including induction cooktops, juicers, mixers, grinders and water dispensers. The company caters to 6 of the top 10 Room AC (RAC) brands in India. With a current production capacity of c.1m room AC units per annum and c.1m small home appliances per annum.
Edelweiss Financial Services has successfully closed a transaction as the exclusive sell side advisor to Epack on its private equity investment from ICICI Venture for a minority stake. With this investment, Epack would expand existing manufacturing facilities and set up new greenfield manufacturing plants.
Edelweiss Financial Services
Advised in the sale of
Epack Durable Private Limited
to