Varmora Granito Pvt Ltd

Activity by year

2020202120222023202420252026

New facilityAcquisition

Aug 18, 2022ACQUISITIONIndia
CCI approves Katsura Investments' acquisition of up to 40% stake in Varmora Granito
The Competition Commission of India approved Katsura Investments' acquisition of up to 40% equity in Varmora Granito Private Limited and related entities, along with Varmora Granito's acquisition of ownership in Renite and Simola.
Varmora Granito Pvt Ltd target Katsura Investments acquirer Renite target Simola target #Construction Materials pib.gov.in
Jun 28, 2022ACQUISITIONMumbai, India, India
Carlyle acquires minority stake in Varmora Granito
Global investment firm Carlyle announced a strategic partnership with Varmora Granito Pvt Ltd, acquiring a significant minority stake in the Indian tile and bathware company. Terms were not disclosed.
Carlyle Group acquirer Varmora Granito Pvt Ltd target #Construction Materials carlyle.com
Oct 27, 2020NEW FACILITYMorbi, Gujarat, India$40.5M1,200 jobsops Apr 2021
Varmora Granito to invest Rs 300 crore in two tile plants in Gujarat
Varmora Granito Pvt Ltd is setting up two greenfield plants at Morbi, Gujarat for manufacturing large format glazed vitrified tiles. The Rs 300 crore investment will create 35,000 sq m per day capacity, expected to be commissioned by April 2021, generating 1,200 direct and indirect jobs.
Varmora Granito Pvt Ltd #Construction Materials business-standard.com

Site	Largest	Latest
Morbi, India	$40.5M	2020-10-27

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