Acquisition History / Lunolux Limited (with Lunolux Midco Limited, AI Global Investments (Cyprus) PCC Limited and AI Pure (Cayman) Limited) / Eureka Forbes Limited
Lunolux Limited (with Lunolux Midco Limited, AI Global Investments (Cyprus) PCC Limited and AI Pure (Cayman) Limited) Acquires Eureka Forbes Limited
Announced January 2022 — $133.8M
What happened
Water-purifier and vacuum-cleaner maker demerged out of Shapoorji Pallonji's Forbes & Company Acquired through Lunolux Limited (with Lunolux Midco Limited, AI Global Investments (Cyprus) PCC Limited and AI Pure (Cayman) Limited), a vehicle of Advent International. Source: https://www.sebi.gov.in/statistics/open-offers/mar2023.html
- Target
- Eureka Forbes Limited
- Announced
- January 2022
- Price
- $133.8M
- Industry
- Consumer durables
- Buyer type
- Private equity
- Fund vehicle
- Lunolux Limited (with Lunolux Midco Limited, AI Global Investments (Cyprus) PCC Limited and AI Pure (Cayman) Limited)
- Backing investors
- Advent International
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Lunolux Limited (with Lunolux Midco Limited, AI Global Investments (Cyprus) PCC Limited and AI Pure (Cayman) Limited) acquire Eureka Forbes Limited?
Lunolux Limited (with Lunolux Midco Limited, AI Global Investments (Cyprus) PCC Limited and AI Pure (Cayman) Limited) acquired Eureka Forbes Limited on January 2022. This was Lunolux Limited (with Lunolux Midco Limited, AI Global Investments (Cyprus) PCC Limited and AI Pure (Cayman) Limited)'s 1st publicly tracked acquisition out of 1 we have on record.
How much did Lunolux Limited (with Lunolux Midco Limited, AI Global Investments (Cyprus) PCC Limited and AI Pure (Cayman) Limited) pay for Eureka Forbes Limited?
Lunolux Limited (with Lunolux Midco Limited, AI Global Investments (Cyprus) PCC Limited and AI Pure (Cayman) Limited) paid $133.8M for Eureka Forbes Limited.
What does Eureka Forbes Limited do?
Water-purifier and vacuum-cleaner maker demerged out of Shapoorji Pallonji's Forbes & Company Acquired through Lunolux Limited (with Lunolux Midco Limited, AI Global Investments (Cyprus) PCC Limited and AI Pure (Cayman) Limited), a vehicle of Advent International. Source: https://www.sebi.gov.in/statistics/open-offers/mar2023.html
What other Consumer durables companies has Lunolux Limited (with Lunolux Midco Limited, AI Global Investments (Cyprus) PCC Limited and AI Pure (Cayman) Limited) acquired?
Eureka Forbes Limited is Lunolux Limited (with Lunolux Midco Limited, AI Global Investments (Cyprus) PCC Limited and AI Pure (Cayman) Limited)'s only publicly tracked acquisition in Consumer durables so far.