# Prism Johnson invests ₹18.72 crore for 50% stake in Sunbath Sanitary

Prism Johnson Ltd has invested ₹18.72 crore to acquire a 50% stake in Sunbath Sanitary Private Limited, a sanitaryware manufacturer in Morbi, Gujarat, securing a stable supply of sanitaryware.

- Type: Acquisition
- Announced: 2024-08-23
- Where: Morbi, Gujarat, India
- Value: $2.23M (187.2M INR)
- Status: announced
- Capacity: approximately 11,000 tonnes per year
- Products: sanitaryware
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Prism Johnson](https://endata.com/companies/52868.md) (acquirer)
- [Sunbath Sanitary Private Limited](https://endata.com/companies/79363.md) (target)

## Sources

- [angelone.in](https://www.angelone.in/news/share-market/prism-johnson-invests-in-sunbath-sanitary), 2024-08-23: "Prism Johnson has entered into a Shareholders Agreement with Sunbath, a company based in Morbi, Gujarat, which specialises in the manufacturing of sanitaryware."

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