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Supreme Industries completed the acquisition of India's pipe business from Wavin Industries for $30m.

Synopsis

Supreme Industries, an Indian manufacturer of plastic products, completed the acquisition of India's pipe business from Wavin Industries, a subsidiary of the global Orbia Group, for $30m. "This is a landmark deal that begins a powerful collaboration to transform water management in India. By combining Orbia Wavin’s innovation engine with Supreme’s unmatched reach and footprint, we are creating a platform for long-term impact on India’s water security and resilience," Sameer Bharadwaj, Orbia CEO.

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