Varroc Group to acquire Turkish lighting company for EUR 42M

Varroc Group signed a binding agreement to acquire a lighting equipment company in Turkey for EUR 42 million (about Rs 336 crore). The target generates annual turnover of EUR 50 million.

“We have signed a binding agreement in Turkey. It's a 42-million euro acquisition.”moneycontrol.com

• 1 source
• moneycontrol.comVarroc Group lines up Rs 900 crore for acquisitions & global expansionSwaraj BaggonkarJun 19, 2018

Summarized from public sources; check the original articles before acting on it.