Carysil’s Wholly Owned Subsidiary -- Carysil UK has agreed to acquire 70% equity shares of the Tap Factory, based at Yorkshire, UK and have option to acquire balance 30% in 2 tranches of 15% each in next two years. This acquisition will help the Company to develop new products and strengthen its position further in UK Kitchen and bathroom segment.
Carysil is a leading manufacturer of composite quartz and granite kitchen sinks in India. The company exports granite sinks to more than 20 countries worldwide.