Remmers to acquire 50.01% stake in Teknovace for Rs 300 crore

Remmers Gruppe SE will invest Rs 300 crore to acquire a 50.01% stake in Teknovace, a wood coatings company, in two tranches. The partnership aims to expand Teknovace's manufacturing capabilities and establish a global R&D centre in India.

“This partnership with Remmers is not just about capital; it is about building a deeply integrated, technology-led manufacturing ecosystem in India.”constructionweekonline.in

• 3 sources
• constructionweekonline.inTeknovace, Remmers to build global mfrg hub in IndiaStaff WriterJan 9, 2026
• constructionworld.inTeknovace, Remmers Forge Rs 3 Bn Deal for Global Coatings HubCW TeamJan 9, 2026
• urbanacres.inIndia Wood Coatings Sector Attracts Major Foreign InvestmentUrbanPostJan 12, 2026

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