IFGL Refractories has acquired two US-based firms — EI Ceramics and CUSC International — for $13 million (Rs ~59 crore), to build a presence in one of the world’s largest markets for steel.
EI Ceramics designs, manufactures and supplies alumina graphite continuous casting refractories to several steelmakers in
IFGL Refractories intends to use the newly acquired facilities to cater to the demand of its customers as well as grow its customer base in the
As per the agreement with EI Ceramics and CUSC, the day-to-day operations of the two companies will continue to be looked after by the current team and several key employees drawn from the two companies.
crackcrack| Company Name | CMP |
|---|---|
| RHI Magnesita | 401.95 |
| Vesuvius India | 499.65 |
| IFGL Refractories | 181.60 |
| Orient Ceratech | 43.25 |
| Foseco Crucible Ind | 1526.25 |
| View more.. | |
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