M&A

Vacuum tech co HHV to demerge to create simplified corporate structure

Business Line  

Bengaluru-based Hind High Vacuum Co Pvt Ltd (HHV), a thin film and vacuum technology company, has announced a demerger plan to create a simplified corporate structure.The revised structure will have two separate entities: HHV Thermal Technologies Pvt Ltd and HHV Advanced Technologies Pvt Ltd for vacuum systems and thin film-focused businesses, respectively. Both are 100% subsidiaries of HHV. This restructuring aims to unlock the growth potential of each business.

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