Euro Pratik to acquire 56% stake in Fab Wood for ₹42.7 Cr

Euro Pratik Sales Limited announced its plan to acquire a 56% controlling stake in Fab Wood, a South India-based timber and value-added wood products business, for an aggregate investment of ₹42.70 crore. This acquisition, expected to close by October 8, 2026, will be funded through internal accruals. Fab Wood's portfolio includes timber, engineered wood solutions, and cladding products, serving various stakeholders in the construction and design ecosystem. The move is strategic for Euro Pratik, aiming to expand its presence in South India, enter the premium timber segment, and create cross-selling opportunities, thereby building an integrated platform for interior decorative and surface solutions. This marks Euro Pratik's third strategic acquisition in a short period, following URO Veneer World and Chawla Brothers.