Whirlpool Corp’s Strategic Stake Sale in India

Whirlpool Corp (NYSE: WHR) has initiated the sale of a 31% stake in its Indian subsidiary, Whirlpool of India Ltd (NSE: WHIR). The company seeks to raise between $550–600 million from this transaction while retaining a 20% interest. Whirlpool of India significantly contributes to Whirlpool’s overall growth, generating 85% of the Asia revenue.

Key Highlights of the Stake Sale

• Stake offered: 31% of Whirlpool of India

• Post-sale holding: Whirlpool retains 20%

• Proceeds target: $550–600 million

• Advisor: Goldman Sachs

• Interested buyers: Advent, Bain, TPG (NASDAQ: TPG), EQT, Carlyle (NASDAQ: CG), KKR (NYSE: KKR)

Strong Interest from Leading Private Equity Firms

High-profile private equity firms are actively interested in this deal, with consortium bids anticipated as multiple firms consider collaboration. Following the announcement, Whirlpool of India shares jumped 4.3% to ₹1,251, demonstrating investor enthusiasm.

Investors can gain insights into Whirlpool Corp’s valuation, including metrics like P/E, market cap, and leverage, enhancing their understanding of how the company’s fundamentals evolve amid this strategic divestment.

Why Whirlpool of India Entices PE Capital

• High Asia revenue contribution: 85%

• Market leadership in home appliances

• Robust growth potential in India’s expanding consumer market

• Continuity: Whirlpool remains the largest shareholder

Next Steps and Valuation Insights

The sale process, guided by Goldman Sachs, began earlier this month. If investors form consortia, competitive bidding could drive implied valuations higher. To stay on top of Whirlpool’s valuation trends, investors often reference profitability and leverage ratios.

Conclusion

This prominent stake sale not only sheds light on Whirlpool’s strategic moves but also generates excitement in the private equity landscape. Investors will be watching closely to assess how Whirlpool leverages this influx of capital to amplify its global footprint.