MoneyWorks4Me

National Fittings acquires entire stake in Merit Industries

01 Jan 2018 Evaluate

National Fittings has acquired the 100% equity shares of Merit Industries and it has become the 100% wholly owned subsidiary of the company with effect from December 15, 2017. Earlier, the board of directors at its meeting held on November 13, 2017 had given approval for the same.

National Fittings is engaged in manufacturing and marketing spheroidal graphite (SG) iron grooved and screwed pipe fittings, stainless pipe fittings and ball valves for industrial and nonindustrial applications.


Peers
Company Name CMP
AIA Engineering 4092.90
Alicon Castalloy 730.00
Nelcast 109.05
PTC Industries 23691.75
Synergy Green Inds. 590.80
View more..