Project Water - Consumer Durables, Home Appliances

Industry: Consumer Durables, Home Appliances

Sector: Consumer Goods

Business Description:

The company entered the healthcare product segment with a product line of water purifiers, water softener, Air Purifiers and Eco Laundry Wash (Detergent free washing).
Offers a range of Offline filters, Domestic RO systems, Commercial RO systems, Industrial RO Systems, water softener, Sand filter, Iron filter, Air Purifier and Eco laundry wash with the inclusion of various sub- categories within these primary divisions.
The company has various certifications like ISO 9001:2008, ISO 14001: 2015, CE, ROHS, WHO-GMP, and is also a Gold member of Water Quality Association of India.
Within the first year of its operation, the company bagged the best commercial RO water purifier award from the Water Digest Water Awards, in collaboration with UNESCO.
A state-of- the-art manufacturing unit stationed in Delhi, with a state-of-the-art assembly line and test lab, along with a research lab. The company has over 400 distributors across India and over 2000 dealers.
Company has over 125 sales representative and over 60 service technicians.
The company has strong brand equity in the market, with renowned Bollywood actor as their brand ambassador.
The company is in talks with the Ministry of External Affairs for an order of cabin air purifiers, with Rural Electrification Corporation and HAL (West Bengal) for industrial ROs

Product Description:

State: Delhi

Business Type: Manufacturing

Experience: 5-15 Years

Employee: 50-100 Employees

Verified By: N/A

Revenue (US$ m): US$ 0.0 M - US$ 5.0 M

Opportunity Detail: Inviting Investment / Ready to sell business - Sell

Type of Transaction 100% acquisition

Asking Price US$ 3m

Reason for Sale Group is looking to hive off its consumer durables business to concentrate on other business areas