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APL Apollo Tubes to acquire one unit of Taurus Value Steel & Pipes- The 20th China (Guangzhou ) Int’l tube & pipe Processing Equipment Exhibition
4/19/2019 ：管材展-鋼管展-steel tube expo-tube &pipe expo |
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APL Apollo Tubes Ltd has announced the acquisition of assets of production unit located at Chegunta Hyderabad, one of the unit of Taurus Value Steel & Pipes Private Limited. The consideration to be paid is cash payment of INR 70 crore. Taurus Value Steel & Pipes Private Limited was incorporated 2009 and has a capacity of 200,000 tonnes per annum. The company had a turnover of INR 773.7 crores in FY 2017-18.
APL Apollo said “The acquisition will result in higher volumes, better competitive strength and reduced freight cost.”
管材展-鋼管展-2019廣州國際管材及管材加工設備展－中國展出效果最好的管材展-巨浪展覽
- The 20th China (Guangzhou ) Int’l tube & pipe Processing Equipment Exhibition
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