# EKKI Group and Homa Pumpenfabrik form equal joint venture for wastewater pumps

EKKI Group of India and Germany's Homa Pumpenfabrik GmbH signed a definitive agreement to create an equal joint venture for wastewater pumps, headquartered in Coimbatore, India. Homa plans to invest ₹150 crore globally, with a significant portion for the JV.

- Type: Acquisition
- Announced: 2018-02-14
- Where: Coimbatore, India
- Value: $23.0M (1.50B INR)
- Jobs: 200
- Status: announced
- Products: wastewater pumps
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md), [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [EKKI Group](https://endata.com/companies/658.md) (partner)
- [Homa Pumpenfabrik](https://endata.com/companies/2817.md) (partner)

## Sources

- [timesofindia.indiatimes.com](https://timesofindia.indiatimes.com/business/india-business/ekki-in-equal-jv-with-homa-for-wastewater-pumps/articleshow/62907356.cms), 2018-02-13: "Homa plans to invest Rs 150 crore in their global expansion, a significant portion of it will be for the JV."

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