# Thermax Group acquires 51% stake in TSA Process Equipments

TSA Process Equipments shared 51% of its stakes with Thermax Group, forming a partnership to drive innovation in high-purity water treatment and process technologies for pharma.

- Type: Acquisition
- Announced: 2024-04-19
- Where: Mumbai, India
- Status: announced
- Products: high-purity water treatment solutions, process equipment
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Thermax](https://endata.com/companies/1348.md) (acquirer)
- [TSA Process Equipments](https://endata.com/companies/76927.md) (target)

## Sources

- [tsaprocessequipments.com](https://www.tsaprocessequipments.com/news/tsa-process-equipments-joins-forces-with-thermax-group-to-accelerate-innovation-and-growth/), 2024-04-19: "By sharing its 51% stakes, TSA has joined forces with Thermax Group."

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