# Perma-Pipe to acquire 51% stake in Welspun Special Coating JV in India

Perma-Pipe International Holdings announced that its subsidiary Perma-Pipe Qatar will acquire a 51% equity interest in Welspun Special Coating Private Limited, a newly formed company that will provide coating services in India.

- Type: Partnership
- Announced: 2026-11-04
- Where: India, India
- Status: announced
- Products: engineered piping, corrosion protection solutions
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Perma-Pipe International Holdings](https://endata.com/companies/7487.md)
- [Welspun Special Coating Private Limited](https://endata.com/companies/15381.md) (target)

## Sources

- [steel-technology.com](https://www.steel-technology.com/news), 2026-11-04: "Perma-Pipe International Holdings, Inc., a global leader in engineered piping and corrosion protection solutions, today announced that its subsidiary, Perma-Pipe Qatar, has agreed to acquire a 51% equity interest in Welspun Special Coating Private Limited"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.