HLE Glascoat acquires majority stake in Kinam Engineering for Rs 80cr
HLE Glascoat, a process equipment manufacturing front-runner, today finalized the acquisition of a 35.56% stake in Kinam Engineering Industries for a consideration of Rs. 79.97 crores. This acquisition is part of HLE Glascoat’s strategic move to bolster its standing in the niche process equipment market. Kinam Engineering Industries to Retain Distinct Identity In a collaborative […]