Supreme Industries acquires Wavin Industries piping business for Rs 3.1 billion

Supreme Industries has entered into a business transfer agreement with Wavin Industries Limited to acquire Wavin Industries India piping business for Rs 3.1 billion. The company signed the agreement with Wavin Industries Limited and two of its wholly-owned subsidiaries, Wavin India Pipes and Fittings Manufacturing Private Limited and Wavin India Holding Private Limited. The acquisition is expected to be completed by July 2025.