Acquisitions12 Feb 2026, 08:10 pm
Fabtech Technologies Cleanrooms Ltd. to Acquire Equity Stake in Advantek Air Systems Private Limited for Rs. 2,54,85,507
AI Summary
Fabtech Technologies Cleanrooms Ltd. has announced its decision to acquire 38,673 equity shares of Advantek Air Systems Private Limited for a total consideration of Rs. 2,54,85,507. Advantek is a manufacturer of Air Handling units used in Air conditioning industries. The acquisition aligns with Fabtech's core business and supports its expansion. Advantek was incorporated in 2013 and has shown a steady increase in its turnover over the past three years. The acquisition is expected to be completed on or before March 15, 2026.
Key Highlights
- Fabtech Technologies Cleanrooms Ltd. to acquire 38,673 equity shares of Advantek Air Systems Private Limited
- Total consideration of Rs. 2,54,85,507
- Advantek is a manufacturer of Air Handling units used in Air conditioning industries
- The acquisition aligns with Fabtech's core business and supports its expansion
- Advantek was incorporated in 2013 and has shown a steady increase in its turnover over the past three years