Acquisitions19 Mar 2025, 12:10 am
Supreme Petrochem Acquires Xmold Polymers Pvt. Ltd. for Rs.39.76 Crores
AI Summary
Supreme Petrochem Ltd. has approved the acquisition of 100% equity shares of Xmold Polymers Pvt. Ltd., a private limited company engaged in the business of manufacturing polymer compounds. The acquisition, valued at Rs.39.76 crores, will give Supreme Petrochem access to Xmold's customer base in Automobile & Appliance segments and its well-established laboratory facilities. The transaction is subject to certain conditions precedent and is expected to be completed within two years.
Key Highlights
- Supreme Petrochem to acquire Xmold Polymers Pvt. Ltd. for Rs.39.76 crores
- Xmold is a private limited company engaged in the business of manufacturing polymer compounds
- Acquisition will give Supreme Petrochem access to Xmold's customer base and laboratory facilities
- Transaction is subject to certain conditions precedent
- Expected to be completed within two years