DLA Piper Advises Haier Smart Home on Fund Electrolux South Africa Subsidiary Acquisition
July 25, 2024
July 25, 2024
BALTIMORE, Maryland, July 25 -- DLA Piper, a law firm, issued the following news:
A truly global DLA Piper team has advised Haier Smart Home, based in Qingdao, China, on the acquisition of Electrolux Group's complete equity interests in its subsidiary Electrolux South Africa Proprietary Limited (ESA) for ZAR2.45 billion (approximately RMB980 million).
ESA, a leading water heater manufacturer in South Africa, owns the century-old brand Kwikot. It specialises in elec . . .
A truly global DLA Piper team has advised Haier Smart Home, based in Qingdao, China, on the acquisition of Electrolux Group's complete equity interests in its subsidiary Electrolux South Africa Proprietary Limited (ESA) for ZAR2.45 billion (approximately RMB980 million).
ESA, a leading water heater manufacturer in South Africa, owns the century-old brand Kwikot. It specialises in elec . . .