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Carysil’s arm acquires 100% Membership Interest in United Granite

26 Dec 2023 Evaluate

Carysil’s Wholly Owned Subsidiary -- Acrysil USA Inc has concluded acquisition of 100% Membership Interest of ‘United Granite, LLC’ (UGL) with all the necessary formalities.

Earlier, Acrysil USA had agreed to acquire a 100% membership interest in UGL in Virginia, USA. UGL manufactures kitchen tops for retail, residential and commercial projects in the United States. In CY22, UGL had revenue of $12.4 million with positive EBITDA. 

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.

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