# Wavin acquires majority stake in Vectus Industries

Wavin B.V., an Orbia business, announced it will acquire a majority stake in Vectus Industries Limited, a manufacturer of plumbing and drainage pipes and water storage tanks in India. The deal is expected to close in Q1 2022.

- Type: Acquisition
- Announced: 2021-12-24
- Where: India, India
- Status: announced
- Products: plumbing pipes, drainage pipes, water storage tanks
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Wavin](https://endata.com/companies/1294.md) (acquirer)
- [Orbia](https://endata.com/companies/21178.md) (partner)
- [Vectus Industries](https://endata.com/companies/59926.md) (target)

## Sources

- [blog.wavin.com](https://blog.wavin.com/en-in/wavin-orbia-building-and-infrastructure-business-joins-forces-with-vectus), 2021-12-24: "With this joint venture, Orbia's Building and Infrastructure businesses will operate at the forefront of India's quickly growing water management industry."

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