US EditionExclusive: Infra.Market Acquires Majority Stake In Metro Group To Strengthen Its Tile Biz
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Exclusive: Infra.Market Acquires Majority Stake In Metro Group To Strengthen Its Tile Biz
IPO-bound building materials platform Infra.Market has picked up a majority stake in Metro Group, a ceramic tiles manufacturing company, in a share swap deal worth INR 200 Cr, the company’s filings with the Ministry of Corporate Affairs revealed. Sources close to the development told Inc42 that the unicorn, Infra.Market, intends to strengthen its foothold in the tiles industry with this move. Queries sent to Infra.Market didn’t elicit any respo…
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