# Rehau Group acquires 51% stake in Red Star Polymers

Rehau Group has acquired a 51% stake in Red Star Polymers Pvt Ltd, an Indian polymer processing company based in Pune. The acquisition marks Rehau's entry into India's polymer market and is subject to regulatory approvals.

- Type: Acquisition
- Announced: 2024-10-23
- Where: Pune, India
- Jobs: 200
- Status: announced
- Products: polymer products
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [REHAU](https://endata.com/companies/8345.md) (acquirer)
- [Red Star Polymers](https://endata.com/companies/80602.md) (target)

## Sources

- [themachinemaker.com](https://themachinemaker.com/news/germanys-rehau-group-acquires-51-stake-in-red-star-polymers/), 2024-10-23: "Rehau Group, a leading German polymer manufacturer, has acquired a 51% stake in Red Star Polymers Pvt Ltd, an Indian polymer processing company."
- [ahmedabadmirror.com](https://www.ahmedabadmirror.com/rehau-strengthens-indian-market-presence-with-51-stake-acquisition-in-red-star-polymers/81878344.html), 2024-10-26: "REHAU Group...has successfully acquired Majority stake in Chennai-based RED STAR Polymers Pvt Ltd."

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