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GMM Pfaudler’s arm inks pact to acquire 51% stake in Poland based company

21 Dec 2024 Evaluate

GMM Pfaudler’s subsidiary -- Pfaudler GmbH, Germany has entered into an Investment and Shareholders’ Agreement (ISHA) on December 20, 2024, to acquire 51% stake in a limited liability company, which is to be acquired / incorporated in Poland (JV Co) based on a cash contribution by Pfaudler GmbH and an asset contribution by the JV Co-partner.

The objective of this acquisition is to establish an engineering and manufacturing facility in Poland.

GMM Pfaudler is a leading supplier of engineered equipment and systems for critical applications in the chemical, pharmaceutical, food, and energy sectors to organizations around the globe.


Peers
Company Name CMP
Bharat Heavy Elect. 417.60
Thermax 3461.10
Kirloskar Industries 3655.45
Skipper 560.60
INDO-MIM 1291.00
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