Aliaxis to acquire a minority stake in Ashirvad Pipelines from Poddar Family.

Synopsis

Aliaxis, a manufacturer and distributor of advanced plastic piping systems, has agreed to acquire the remaining shareholding of Ashirvad Pipes from the Poddar family, the founders of the company.

Principals

target

ASHIRVAD

bidder

Aliaxis

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Market Context

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Seller Team (1)

pawan poddar

Managing Director and co-founder at ASHIRVAD

Manager

target

Deal

n/a

Total Value

Bidder Team (1)

laurent lenoir

CEO at ALIAXIS SA

Manager

bidder

Deals

n/a

Total Value

Vendor Team (1)

vaidhyanadhan iyer

Partner at AZB & Partners

Lawyer

vendor

Deals

£ 17.52 B

Total Value

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