Uniply Industries, one of the leading plywood and laminate manufacturers in the country has acquired 100% equity in Vector Projects for a consideration of Rs 64.12 crore. This is a first-of- its-kind deal in India, where a renowned building materials manufacturer is forward integrating into end-to-end building solutions.
Vector Projects is one of India’s largest end to end architectural design and interior fit out companies, having clocked over Rs 210 crore of revenue in the last financial year. It provides a turnkey solution comprising design, execution and services and comes with impeccable credentials.
Uniply Industries is a Chennai-based plywood manufacturing and trading company promoted by BL Bengani. The company initially started as a trading agent and later started trading plywood and its allied products under its own brand name.
