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PE-backed Amber Enterprises to buy majority stake in Sidwal Refrigeration

By Ankit Doshi

  • 22 Mar 2019
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PE-backed Amber Enterprises to buy majority stake in Sidwal Refrigeration
Credit: 123RF.com

Amber Enterprises India Ltd said on Friday that it has agreed to acquire an 80% stake in New Delhi-based Sidwal Refrigeration Industries Pvt. Ltd in a deal aimed at strengthening its presence in India’s air-conditioning market. Amber Enterprises will acquire the controlling stake in a cash transaction which also includes Sidwal’s ......

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