Haldirams has partnered with Singapore-based investment firm Temasek, which will acquire an equity stake to support the brand’s expansion in India and globally.
PwC Investment Banking acted as the exclusive financial advisor, while Khaitan & Co provided legal counsel for the deal. The transaction is subject to regulatory approvals and is expected to close soon.
A Haldirams spokesperson welcomed Temasek’s investment, emphasising its expertise in the consumer sector.
PwC India Chairperson Sanjeev Krishan called the deal a milestone, highlighting PwC’s long-term advisory role and noting that it is India’s largest private equity consumer deal, reflecting the global rise of domestic businesses.
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