# Aliaxis acquires full ownership of Ashirvad Pipes in India

Aliaxis SA acquired the remaining 37% stake in Ashirvad Pipes from the Poddar family, gaining full ownership. The transaction concludes the JV that began in 2013. Financial details were not disclosed.

- Type: Acquisition
- Announced: 2018-07-05
- Where: India
- Status: announced
- Products: plastic piping systems
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Aliaxis](https://endata.com/companies/2060.md) (acquirer)
- [Ashirvad Pipes](https://endata.com/companies/9268.md) (target)

## Sources

- [ashirvad.com](https://www.ashirvad.com/news/aliaxis-expands-its-commitment-to-india-acquires-full-ownership-of-ashirvad-pipes/), 2018-07-05: "This acquisition marks an important milestone in the development of Aliaxis in India."
- [aliaxis.com](https://aliaxis.com/aliaxis-expands-its-commitment-to-india-agreement-to-acquire-full-ownership-of-ashirvad-pipes/), 2018-07-05: "Aliaxis SA, a global leader in the manufacturing and distribution of advanced plastic piping systems, has agreed to acquire the remaining shareholding of Ashirvad Pipes Pvt Ltd from the Poddar family."

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