Posted inInvestment

Pidilite acquires controlling stake in Tenax India Stone Products for Rs80 cr

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 […]