Lakshmikumaran & Sridharan Attorneys Advised Sloan On Its Strategic Investment In Essel Bath Fittings

New Delhi, 15th April 2026: Lakshmikumaran & Sridharan Attorneys (LKS) acted as legal counsel to Sloan Global Holdings LLC and its Indian subsidiary Sloan India Private Limited, in connection with its strategic acquisition of a controlling stake in Essel Bath Fittings Private Limited.

LKS's role included advising Sloan on the transaction structure, cross-border regulatory aspects, GST and direct tax implications, as well as drafting, negotiation and finalisation of the transaction documents. The transaction involved the acquisition of majority shareholding in Essel Bath Fittings Private Limited.

This inorganic acquisition marks a significant leap in Sloan's expansion into the B2C market in the Indian subcontinent. The move is aimed at strengthening Sloan's footprint in India's fast-growing premium and mid-segment bath fittings space, by leveraging Essel's domestic manufacturing capabilities and distribution network to tap into rising demand driven by urbanisation and housing growth.

LKS Transaction Team – Kunal Arora (Partner), Anupam Misra (Associate Partner), Mitushi Garg (Principal Associate), Jeevesh Jain (Associate) and Satwik Mohapatra (Associate)

LKS Direct Tax Team – Karanjot Singh (Partner), Harshit Khurana (Associate Partner) and Rishabh Bhatia (Senior Associate)

LKS GST Team – Shivam Mehta (Executive Partner), Shweta Walecha (Executive Partner), Divya Bhardwaj (Principal Associate) and Anmol Aggarwal (Senior Associate)

Legal Advisors for Essel and its promoters – KkL Partners. The team comprised of Founding Partner Aashish Vats and Associate Mansi Malik

Deal Value: Confidential