Jan 5, 2018ACQUISITIONMumbai, India, India Pidilite Industries acquires 70% stake in CIPY Polyurethanes
Pidilite Industries has approved the acquisition of a 70% stake in CIPY Polyurethanes for Rs. 96.40 crore. CIPY manufactures floor coatings using polyurethanes, epoxies, polyurea and polyaspartic polymers.
Productsfloor coatingspolyurethanesepoxiespolyureapolyaspartic polymers
“This acquisition will help the Company to participate in the growth of the resin flooring and floor coatings market.”theceo.in
- 3 sources
- theceo.inPidilite Industries acquires majority stake in CIPY PolyurethanesKaushal KumarJan 5, 2018
- thehindubusinessline.comPidilite Industries: Will CIPY buy add colour? - The HinduBusinessLineJan 5, 2018
- vccircle.comPidilite Industries to acquire majority stake in CIPY PolyurethanesKeshav SunkaraJan 5, 2018
Summarized from public sources; check the original articles before acting on it.
ENDATA