Mumbai headquartered Gandhar Oil Refinery is manufacturer of white oil, a crude oil derivative used as a base carrier to manufacture personal care products, ointment, and hair oil. It has a market share of over 26% in the local market.
Family offices, PEs team up for $1 bn stake in Haier’s India operations
Family offices of prominent industrialists and leading private equity funds, including Warburg Pincus, Bain Capital, and others, are considering acquiring a majority stake in Haier