Acquisition History / Thermax Ltd / Buildtech Products India Pvt Ltd
Thermax Ltd Acquires Buildtech Products India Pvt Ltd
Announced October 25, 2024 — $8.1M
What happened
Thermax signed an agreement to acquire 100% of Buildtech Products India for about Rs 72 crore, subject to transaction adjustments. Established in 1995, Buildtech makes admixtures, accelerators and capsules used in tunnels, infrastructure and railway projects. The deal builds Thermax's position in construction chemicals.
- Acquirer
- Thermax Ltd
- Target
- Buildtech Products India Pvt Ltd
- Announced
- October 25, 2024
- Price
- $8.1M
- Industry
- Construction chemicals
- Buyer type
- Strategic acquirer
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Thermax Ltd acquire Buildtech Products India Pvt Ltd?
Thermax Ltd acquired Buildtech Products India Pvt Ltd on October 25, 2024. This was Thermax Ltd's 1st publicly tracked acquisition out of 1 we have on record.
How much did Thermax Ltd pay for Buildtech Products India Pvt Ltd?
Thermax Ltd paid $8.1M for Buildtech Products India Pvt Ltd.
What does Buildtech Products India Pvt Ltd do?
Thermax signed an agreement to acquire 100% of Buildtech Products India for about Rs 72 crore, subject to transaction adjustments. Established in 1995, Buildtech makes admixtures, accelerators and capsules used in tunnels, infrastructure and railway projects. The deal builds Thermax's position in construction chemicals.
What other Construction chemicals companies has Thermax Ltd acquired?
Buildtech Products India Pvt Ltd is Thermax Ltd's only publicly tracked acquisition in Construction chemicals so far.
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