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Sale by Masco Corporation of Milgard Services India Private Limited

Deal
February 20, 2020

J. Sagar Associates (JSA) advised and assisted Masco Corporation (Masco) as its India counsel in the sale of KraftMaid Services India Private Limited. Masco is one of the world’s leading manufacturers of branded home improvement and building products. Masco sold Masco Cabinetry LLC (a manufacturer of kitchen and bath cabinetry) along with its investment in KraftMaid Services India Private Limited to ACProducts, Inc. for $850 million in cash at closing and preferred stock issued by a holding company of the buyer with a liquidation preference of $150 million.

JSA team comprised Partners – Nitin Potdar and Rinku Ambekar and Associates – Reshma Oak and Abhishek Singh.

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Tags Investment, Manufacturing, Mergers and Acquisition

Nitin Potdar Partner

Nitin specializes in Public and Private, Mergers & Acquisitions, Business Restructuring, Asset & Share Purchase, Transborder Alliances & Joint Ventures, Private Equity and general Corporate advisory.

Reshma Oak Principal Associate

Reshma advises in the fields of mergers and acquisitions, corporate restructurings, joint ventures and general corporate advisory, domestic and cross-border.

Rinku Ambekar Partner

Rinku has a diverse corporate practice focused on cross-border M&A representing clients in the United States, Europe, Singapore, Malaysia, Japan, Australia and her experience extends to takeovers, buyouts, private equity transactions, creation of joint ventures, strategic alliances, stock acquisitions, business acquisitions, asset acquisitions, restructurings, corporate governance, commercial and corporate agreements.