M&A

M&A

Reliance Retail acquires refrigerator brand Kelvinator

Economic Times  

Reliance Retail Ventures has acquired Hyderabad-based Kelvinator , a home appliances brand.Kelvinator primarily manufactures and sells a range of home appliances, including air conditioners and refrigerators.The acquisition aligns with Reliance Retail’s strategy to expand its consumer durables offerings through its extensive retail network of 19,340 stores and digital platforms.