# EFC Acquires Ultrafresh for Modular Furniture

> EFC to buy Ultrafresh in US$7.33M share swap to boost India's modular home market.
- Title: EFC Acquires Ultrafresh for Modular Furniture · Dealroom
- Summary: 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…
- Keywords: efc, ultrafresh, modular furniture, share swap, north india, india, startups, business, Acquires, Modular, Furniture, Dealroom
- Source: Dealroom — https://dealroom.co/news/144822-efc-to-buy-modular-furniture-maker-ultrafresh-in-rs-54-crore-share-swap
- Published: 2026-08-13T07:47:42+00:00
- Read time: 1 min
- Topics: efc, ultrafresh, modular furniture, share swap, north india, india, startups, business
## 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.
## Key takeaway

EFC acquires Ultrafresh for US$7.33M share swap to strengthen its furniture business in North India.