Pidilite Industries announced it has entered a definitive agreement with Huntsman Group (USA) for acquiring 100% stake in one of their subsidiaries in India namely, Huntsman Advanced Materials Solutions Private Limited (HAMSPL) for Rs 2100 crores. HAMSPL manufactures and sells Adhesives, Sealants and other products under well-known brands such as Araldite, Araldite Karpenter and Araseal […]
Tag: pidilite investment
Pidilite Industries, an adhesives manufacturing company and the maker of Fevicol, announced entering into an agreement with Italy’s Tenax SPA for acquiring a 70% stake in Tenax India Stone Products for about Rs 80 crore. Tenax is an Italy-based company founded in 1956. The Tenax Group has 10 branches across five continents. The company sells […]
Pepperfry, a Mumbai-based online home furniture marketplace, announced that it has raised $40 million in Series F funding led by Pidilite Industries, the makers of popular homegrown adhesive brand. In March 2018, Pepperfry had secured Rs 250 crore as part of its Series E round from State Street Global Advisors. The funds will be utilised […]