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Grauer & Weil acquires stake in Kamtress Automation Systems

05 Jan 2023 Evaluate

Grauer & Weil (India) has acquired 1,50,000 Equity shares of Kamtress Automation Systems from Poona Bottling Company. On acquisition of said shares, Kamtress Automation Systems becomes a 100% Subsidiary Company of Grauer & Weil (India). The said acquisition is completed on January 1, 2023.

Earlier, the company had received approval for acquisition of 1,50,000 equity shares of Kamtress Automation Systems from Poona Bottling Company.

Grauer & Weil (India) is engaged in the manufacture of virtually the entire range of metal finishing chemicals, as well as all types of equipment and plating plants made to international specifications and supplied to exacting standards the world over.

Peers
Company Name CMP
Godrej Industries 1106.00
SRF 2499.70
BASF India 3538.00
Pidilite Inds. 1507.55
Tata Chemicals 640.35
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