Grauer & Weil (India) has acquired 1,50,000 Equity shares of Kamtress Automation Systems from Poona Bottling Company. Following the acquisition of said shares, Kamtress Automation Systems becomes a 100% subsidiary of Grauer & Weil (India). The acquisition is set to be completed on January 1, 2023.
Previously, the company received approval to acquire 1,50,000 equity shares of Kamtress Automation Systems from Poona Bottling Company. Grauer & Weil (India) manufactures virtually the entire range of metal finishing chemicals, as well as all types of equipment and plating plants made to international specifications and supplied to exacting standards all over the world.