Supreme Industries Limited — Updates, 01-08-2025: Press Release
01-08-2025 | 11:31 am
01-08-2025 | 11:31 am
Supreme Industries has finalized its acquisition of Orbia Building & Infrastructure's (Wavin) India pipes and fittings business for ~$249 Cr ($30 million), plus working capital adjustments. This strategic move adds Wavin’s three manufacturing facilities, increasing Supreme's total to 33 units. The deal includes a long-term technology licensing agreement, granting Supreme exclusive access to Orbia Wavin's advanced water management solutions across India and SAARC. This strengthens Supreme's market position and enhances its portfolio for India's growing infrastructure needs, particularly in water solutions. All Wavin India operations and employees have transitioned.
No comments yet. Be the first to comment!
