M&A
Thiruvananthapuram-headquartered IBS Software, a SaaS solutions provider to the travel industry, has acquired Accenture Freight and Logistics Software (AFLS), which provides technology platforms to help airline and…
M&A
Paris-headquartered construction materials MNC Saint-Gobain is to buy Delhi-based U.P. Twiga Fiberglass Ltd. UP Twiga, a glass-wool insulation company, operates two manufacturing facilities close to Delhi and Mumbai…
M&A
Seattle, WA (USA)-headquartered ethnic wear brand Shobitam has acquired Bengaluru-headquartered House of Blouse, a fashion house brand in designer blouses. Besides blouses, House of Blouse offers accessories such as…
M&A
The Amravati Bench of the National Company Law Tribunal (NCLT) has approved a proposal of Sagar Cements to acquire Andhra Cements for INR 922 crore This acquisition would add 2.6 million tonnes (mt) of cement and 1.65…
M&A
Zoo Media has acquired fellow Mumbai-headquartered marketing startup The Starter Labs. Following the deal, The Starter Labs' founders will join the advertising company and work as managing partners; while its employees…
M&A
Gurugram-headquartered, publicly listed Lumax Auto Technologies is to acquire a majority stake in IAC International Automotive India from the International Automotive Components (IAC) Group at an equity valuation of…
M&A
Internovo Ventures has bought the rights to Noida-headquartered Mera Cashier, a technology platform offering 'khata' solutions to small merchants across India. This is Intervono's first acquisition. Post deal, Mera…
M&A
Publicly listed Hindustan Unilever Limited (HUL) has agreed to sell its 'atta' and salt business, which it markets under the brands 'Annapurna' and 'Captain Cook', respectively, to Uma Global Foods and Uma Consumer…
M&A
Samvardhana Motherson Automotive Systems Group BV (SMRPBV), a unit of publicly listed Samvardhana Motherson International Ltd (SAMIL), is to acquire Germany-based SAS Autosystemtechnik GmbH at an enterprise value of…
M&A
Adani Power Ltd's INR 7,017-crore deal to buy thermal power assets of DB Power has fallen after the initial pact expired. The group had entered into a memorandum of understanding (MoU) dated August 18, 2022 to acquire…
