Naxnova acquires 74% stake in Quad Industries for Rs 90 crore

Naxnova, a design and technology enterprise, acquired a 74% stake in Quad Industries Belgium, a printed electronics manufacturer, for Rs 90 crore (€10 million). The deal includes plans to acquire the remaining stake over coming quarters.

“This strategic acquisition aligns with our growth strategy to offer the latest advanced products to our customers globally.”startupstorymedia.com

• 1 source
• startupstorymedia.comNaxnova Acquires Quad Industries For Rs 90 crore | Startup StoryStartupStoryMar 21, 2024

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