Sicagen India has announced the acquisition of Danish Steel, a Bengaluru based company which specializes in precision fabrication of Stainless steel along with Carbon steel, Mild steel and Aluminum. Sicagen will acquire 100% equity stake from the existing promoters, in a phased manner.
This acquisition by Sicagen India will help propel the company to capitalize the opportunities in High end/ High Precision Steel & Metal fabrication business and also provide significant long term growth benefits.
Sicagen India is leading in providing services of trading and marketing of construction related material, technical services & manufacturing of industrial products.