July 17, 2025 10:47 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Karnataka govt blames RCB for Bengaluru stampede, refers to Kohli's online message too | 'Premature and irresponsible': Indian pilots' body slams Air India crash probe report | Bihar CM Nitish Kumar announces free electricity upto 125 units ahead of assembly polls | Air India finds 'no issues' with fuel control switch on Boeing 787-8 planes after precautionary checks | Anchor runs mid-telecast as Israeli airstrikes hit Syria's state TV building | Rare oil painting of Mahatma Gandhi sells for an astounding Rs 1.7 crore | Brother of Yemeni man killed by Nimisha Priya opposes pardon of Kerala nurse | Can't win today's warfare with outdated weapons: CDS General Anil Chauhan seeks upgradation of India's defence system | Shubhanshu Shukla returns to Earth after his 18-day mission to space | India's Got Latent host Samay Raina, other influencers appear in SC over remarks mocking disabled

Groupe SEB to take full control of Maharaja Whiteline

| | May 15, 2014, at 03:14 am
New Delhi, May 14 (IBNS): Domestic appliance providers Maharaja Whiteline on Wednesday announced that an agreement has been finalized with France’s Groupe SEB who will acquire the remaining 45 percent stake of Maharaja Whiteline.

After the acquisition of 55 percent of the capital back in December 2011, Groupe SEB will thus hold 100 percent of the company.

This full acquisition confirms Groupe SEB’s ambition to expand in India and significantly develop Maharaja Whiteline.

As a matter of fact, Groupe SEB’s objective is now to quickly accelerate Maharaja Whiteline’s growth in India and better serve the Indian customers and consumers, through the following priorities. First, a strong pipeline of innovative products is already in process and is supported by Groupe SEB’s world-known expertise. Second, relationship with the distribution partners will be intensified. Finally, improvement of customer care support will be strengthened around the country, the company said in a statement.

Martin Zouhar is appointed as Chairman and Managing Director of Maharaja Whiteline.

Zouhar is the Vice President at Groupe SEB for Eurasia (Africa, India, Middle – East, Russia, Turkey and Ukraine).

Sunil Wadhwa will remain Chief Executive Officer. Wadhwa was previously CEO and Managing Director of Usha International Limited.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Videos
RBI announces repo rate cut Jun 06, 2025, at 10:51 am
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm
Close menu