12 March 2024
The acquisition of BCIPL will help PEL broaden its presence in South India, expand its foothold in EV space, and increase PEL’s overall asset base and production capacity. Indian CRNO steel laminations market was valued at USD 400 mn in FY19 and is expected to grow at 14% annually to USD 1 billion by FY27.
12 March 2024
This transaction marks Singhi Advisor’s third transaction for HIL, and its fourth in the Building Materials space in three years. The acquisition signifies a substantial step in HIL’s ongoing journey to accelerate the growth of its Pipes & Fittings business, particularly in the ~INR 550 bn Indian PVC Pipes & Fittings market.
4 April 2023
With this acquisition, Redcliffe will get a strong foothold in the Rajasthan market and a stronger base to offer both pathology and imaging tests under one roof.
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