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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Saint-Gobain completes ₹400 crore acquisition of Twiga Fiberglass · Endata

◂ Announcements

Apr 30, 2023ACQUISITIONUttar Pradesh, India (near Delhi and Mumbai), India

Saint-Gobain completes ₹400 crore acquisition of Twiga Fiberglass

Saint-Gobain has completed the ₹400 crore acquisition of Twiga Fiberglass Ltd, a manufacturer of glass wool based in Uttar Pradesh, India. Twiga has two manufacturing facilities near Delhi and Mumbai.

Value

$49.0M (4.00B INR)

Status

Completed

Productsglass wool

CompaniesSaint-Gobain acquirer Twiga Fiberglass Ltd target

Sectors#Construction Materials

“Twiga’s promoters wished to sell off their stake and Saint-Gobain bought it.”thehindubusinessline.com

2 sources
thehindubusinessline.comSaint-Gobain completes ₹400-cr acquisition of Twiga Fiberglass - The HinduBusinessLineM Ramesh, Vinay KamathApr 30, 2023
newsonprojects.comSaint-Gobain completes ₹400-cr acquisition of Twiga Fiberglass. | News On ProjectMay 2, 2023

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

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