GMM Pfaudler to acquire majority stake in Pfaudler Group

GMM Pfaudler Limited signed agreements to acquire a 54% stake in the global business of the GMM Pfaudler Group from DBAG for about USD 27.4 million. The Patel family will acquire an additional 26%, making GMM the ultimate holding company and creating a world leader in corrosion-resistance technologies.

“GMM Pfaudler Limited today announced the signing of definitive agreements to acquire a majority stake in the global business of its parent, the GMM Pfaudler Group from the private equity firm Deutsche Beteiligungs AG Fund VI.”gmmpfaudler.com

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• gmmpfaudler.comGMM Pfaudler to acquire majority stake in the global business of Pfaudler GroupAug 20, 2020

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