GMM Pfaudler to acquire majority stake inthe global business of Pfaudler Group
· Transformational acquisition will make GMM Pfaudler themarket leader in corrosion-resistance technologies, systems and services · Revenue of the combined entity estimated to be around Rs. 20 bn (USD 266 mn*) · Patel family (promoters of GMM Pfaudler) to invest alongside GMM Pfaudler · This acquisition is expected to be earnings accretive immediately to the shareholders of…
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