NCL Industries scraps JV agreement with Czech-based Moravia Containers

NCL Industries scraps JV agreement with Czech-based Moravia Containers

NCL Industries Ltd said that it has scrapped the previously announced joint venture (JV) agreement with Czech Republic-based Moravia Containers in order to preserve its resources and focus on the existing lines of business. The Indian building material company announced the joint venture deal in September 2021 with the partnership to manufacture modular containers and […]

NCL Industries to create JV with Czech Republic-based Moravia Containers

NCL Industries to create JV with Czech Republic-based Moravia Containers

NCL Industries Ltd has signed a joint venture (JV) agreement with Czech Republic-based Moravia Containers for manufacturing modular containers and systems and other products. As per the agreement, the Indian building material company and its affiliates will hold a stake of 74.9% in the joint venture company. According to NCL Industries, its initial equity investment […]