GMM Pfaudler through its subsidiary Pfaudler GmbH, Germany, has entered into an Investment and Shareholders’ Agreement to acquire 51% stake of a limited liability company in Poland.
This acquisition aims to establish a manufacturing and engineering facility in Poland, enhancing its global manufacturing capabilities and competitiveness.
The acquired entity specializes in the manufacturing of high-quality stainless-steel equipment for the pharmaceutical and food industries.
Investment of PLN 12.2M (~ INR 25.3 crore) will be made to establish this facility and the transaction will be funded through internal accruals.
