Supreme Industries Limited — Updates, 11-03-2025: Press Release

Supreme Industries and Orbia’s Building & Infrastructure (Wavin) division are set to enter a significant long-term partnership to enhance water management in India. Under the agreement, Supreme will acquire Wavin's pipes and fittings business in the country, granting it exclusive access to Wavin’s advanced water management technologies. This strategic move aims to strengthen Supreme’s market leadership while expanding Wavin’s customer outreach in India and neighboring regions.

The partnership includes the transfer of Wavin’s manufacturing facilities to Supreme and offers exclusive licensing for Wavin’s technology portfolio, which covers water supply, sanitation, and agricultural management solutions. With Supreme’s extensive distribution network and manufacturing capabilities, the collaboration is well-positioned to capitalize on India's projected economic growth. The agreement is expected to conclude by June 2025, pending due diligence and necessary approvals, which could signal considerable growth for both companies moving forward. Investors should monitor this development closely for its potential impact on market dynamics and revenue streams.