Nile sells glass lined equipment division to De Dietrich Process Systems India

Nile has sold its Glass Lined Equipment Division with all the assets and liabilities comprising thereof, to De Dietrich Process Systems India as a ‘going concern’ on a slump sale basis.

Following this decision, the company will focus on building its market position in its Lead Division and pursue further synergistic opportunities in related areas.

Nile was originally incorporated as a private limited company with the name Navabharat Industrial Linings and Equipment, designs and manufactures equipment for specific customer applications or process performance improvement.