Announced
Completed
Financials
Sources
Tags
Acquisition
Completed
Private
Building Materials: Other
India
Domestic
Friendly
Minority
Private Equity
ceramic tiles components
ceramic tiles
Synopsis
Private equity funds India Business Excellence Fund – IV and Motilal Oswal Finvest completed a $66m investment in Simpolo Group, a luxury and premium tiles maker. “MOPE’s experience to create leaders in the manufacturing sector and the expertise gained from their real estate fund will be instrumental in elevating Simpolo Group to one of the leaders in the building materials industry in India,” Jitendra Aghara, Simpolo Group CMD.
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