Perma-Pipe acquires 51% stake in Welspun Special Coating joint venture in India

Perma-Pipe International Holdings, through its subsidiary Perma-Pipe Qatar, agreed to acquire a 51% equity interest in Welspun Special Coating Private Limited, a newly formed company that will provide internal fusion-bonded epoxy coating and related services in India. Welspun Corp Limited will hold the remaining 49%.

“This joint venture represents another important step in expanding Perma-Pipe's global coating capabilities and strengthening our presence in strategically important markets.”investors.permapipe.com

• 1 source
• investors.permapipe.comPerma-Pipe Expands Coating Capabilities in India Through Majority-Owned Joint Venture with Welspun | Perma-Pipe International Holdings, Inc.Nov 3, 2026

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