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GMM Pfaudler Ltd, through its wholly owned subsidiary Pfaudler Ltda. in Brazil, is to acquire 100% of SEMCO Tecnologia em Processos Ltda. for USD 18.5 million (~INR 158 crores). SEMCO is a Brazilian industrial mixing company serving metals, renewable fuels, water treatment, and chemical sectors.
“The acquisition will strengthen GMM Pfaudler’s Mixing technologies platform and give access to the rapidly growing markets in South America.”news.ventureintelligence.com
Summarized from public sources; check the original articles before acting on it.