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Announced

12 Apr 2022

RR Kabel to acquire Luminous Power's home electrical business from Schneider.

Synopsis

RR Kabel, a wires and cables brand, agreed to acquire Luminous Power's home electrical business from Schneider, a French engineering company. Financial terms were not disclosed. This acquisition will further strengthen RR Kabel's consumer electrical business, which has a portfolio of fans, lights and appliances.

Principals

target

Luminous Power Home Electrical Business

bidder

Rr Kabel

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Market Context

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Bidder Team (10)

kritika rastogi

Associate at Khaitan & Co

Lawyer

bidder

Deal

n/a

Total Value

nishad nadkarni

Partner at Khaitan & Co

Lawyer

bidder

Deals

£ 3.53 B

Total Value

aishwarya wadhavkar

Associate at Khaitan & Co

Lawyer

bidder

Deals

£ 4.51 B

Total Value

avirat kumar

Senior Associate at Khaitan & Co

Lawyer

bidder

Deals

£ 22 M

Total Value

bhavik narsana

Partner at Khaitan & Co

Lawyer

bidder

Deals

£ 437 M

Total Value

anupinder jassal

Principal Associate at Khaitan & Co

Lawyer

bidder

Deals

£ 84 M

Total Value

amit wadhwani

Counsel at Khaitan & Co

Lawyer

bidder

Deals

£ 2.57 B

Total Value

rajat jariwal

Partner at Khaitan & Co

Lawyer

bidder

Deals

£ 5.99 B

Total Value

udita kanwar

Senior Associate at Khaitan & Co

Lawyer

bidder

Deals

£ 72 M

Total Value

shreegopal kabra

Managing Director at RR KABEL

Manager

bidder

Deal

n/a

Total Value

Vendor Team (2)

jean-pascal tricoire

Chairman and CEO at SCHNEIDER ELECTRIC SE

Manager

vendor

Deals

£ 9.35 B

Total Value

hilary maxson

CFO at SCHNEIDER ELECTRIC SE

Manager

vendor

Deals

£ 764 M

Total Value

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