From Dealroom · · 40s
EFC Acquires Ultrafresh for Modular Furniture
EFC to buy Ultrafresh in US$7.33M share swap to boost India's modular home market.
In brief
EFC to buy Ultrafresh in US$7.33M share swap to boost India's modular home market. EFC acquires Ultrafresh for US$7.33M share swap to strengthen its furniture business in North India. Originally reported by Dealroom.
Quick answers
- Why Now?
- EFC wants to strengthen its furniture manufacturing and Design & Build business by adding Ultrafresh's brand, product range, and design expertise.
- What is the key takeaway from EFC Acquires Ultrafresh for Modular Furniture?
- EFC acquires Ultrafresh for US$7.33M share swap to strengthen its furniture business in North India.
Deal Details
EFC will acquire Ultrafresh through a share swap for US$7.33M by October 31, 2026.
Ultrafresh Background
Ultrafresh makes modular kitchens, wardrobes, and custom furniture from a manufacturing facility in Nalagarh, Himachal Pradesh.
Why Now?
EFC wants to strengthen its furniture manufacturing and Design & Build business by adding Ultrafresh's brand, product range, and design expertise.
The short version
EFC acquires Ultrafresh for US$7.33M share swap to strengthen its furniture business in North India.
