AZB & Partners Advised Haier Group On The Strategic Sale Of A 49% Stake In Haier Appliances India, India.
AZB & Partners advised Haier Group on the strategic sale of a 49% stake in Haier Appliances India, India
The leading law firm in India, AZB & Partners’ Mumbai and Chennai offices advised Haier Group on the strategic sale of a 49% stake in its wholly owned Indian subsidiary, Haier Appliances India, to Bharti Enterprises and Warburg Pincus. The transaction reflects growing investor confidence in India’s consumer appliances sector and marks a significant milestone in Haier Group’s India growth journey.
The AZB & Partners team was led by Zia Mody (Co-Founder and Managing Partner), who provided strategic guidance, along with Ashwath Rau (Senior Partner), Aarthi Sivanandh (Senior Partner), Atreya Bhattacharya (Senior Partner) and Bhavana Alexander (Partner).
The diligence and execution team comprised Bhargavi Ravi (Counsel), Heena Ladji (Senior Associate), Raina Upadhyay (Senior Associate), Keerthi Chowdary (Associate) and Adharsh V (Associate), with execution support from Tanuj Chauhan (Associate), Aditya Bamb (Associate) and Shubhalakshmi Bhattacharya (Associate).
Sector expertise support was provided by Dhruti Dholakia (Partner – Real Estate), Rahul Aggarwal (Partner – Capital Markets) and Bharat Mordani (Senior Associate); Kirthi Srinivas (Partner – Competition) and Shivangi Pradhan (Associate); and Ajay Singh Solanki (Partner – Employment) and Khushi Jain (Associate).
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