Carlyle-backed Altadia Group completed the acquisition of Nahar Colours and Coating.

Carlyle-backed Altadia Group, one of the largest global manufacturer of intermediate products for the production of ceramic tiles, completed the acquisition of Nahar Colours and Coating, a company involved in the manufacturing of ceramic frits, engobes, and compound glazes for ceramic tile bodies in India. Financial terms were not disclosed. This strategic acquisition strengthens Pigments Spain’s position in the Indian and Asia-Pacific markets, helping the Altadia Group expand its footprint in the global ceramics industry.