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Infra.Market will acquire approximately 92% stake in Strata Geosystems India from Glen Raven Technical Fabrics at an enterprise value of Rs 910 crore, aiming for category leadership in geosynthetic manufacturing.
Shawmut Corporation, a manufacturer of engineered multi-layer fabrics, completed the acquisition of Glen Raven Technical Fabrics' headliner business.
Composites manufacturer Shawmut and Glen Raven Technical Fabrics have agreed to terms to merge GRTF's automotive headliner and speciality fabrics business into Shawmut.
Shawmut Corp. and Glen Raven Technical Fabrics have agreed to merge GRTF's automotive headliner and specialty industrial fabrics business into Shawmut, with Shawmut as majority owner.