Published 1 month ago

Magicrete Completes Acquisition Of Majority Stake In AAC Blocks Maker Maxlite

Summary by Ground News

Magicrete said it has completed the acquisition of a majority stake in Maxlite. The company did not disclose the actual stake that it has acquired and also the deal value. Maxlite is an AAC Blocks manufacturer located in South India, headquartered in Bengaluru. It operates two AAC Blocks manufacturing facilities, one in Karnataka and the other in Tamil Nadu.

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Magicrete Completes Acquisition Of Majority Stake In AAC Blocks Maker Maxlite

Magicrete, which produces building product AAC Blocks, construction chemicals, and precast construction solutions, on Wednesday said it has completed the acquisition of a majority stake in Maxlite.The company did not disclose the actual stake that it has acquired and also the deal value.In a statement, Magicrete said this strategic acquisition would enhance its total installed capacity of AAC (Autoclaved Aerated Concrete) blocks to 1.8 million c…

1 month ago

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Magicrete Completes Acquisition Of Majority Stake In AAC Blocks Maker Maxlite

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Magicrete Completes Acquisition Of Majority Stake In AAC Blocks Maker Maxlite

Magicrete Completes Acquisition Of Majority Stake In AAC Blocks Maker Maxlite

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