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Foseco India to Acquire Vesuvius India Plant for ₹432.5 Million

Foseco India to Acquire Vesuvius India Plant for ₹432.5 Million

13 Aug 2026, 10:38 PM

Foseco India Limited has approved the acquisition of Vesuvius India’s manufacturing plant in Mehsana, Gujarat, for 432.5 million rupees via a slump sale. The cash deal transfers crucible and non-ferrous product manufacturing operations to Foseco India, strengthening its supply capabilities and driving group-wide operational synergies by late 2026.

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Trending News

Foseco India to Acquire Vesuvius India Plant for ₹432.5 Million

Foseco India to Acquire Vesuvius India Plant for ₹432.5 Million

Olectra Greentech Q1 Results: Revenue Reaches 5.76 Billion Rupees
Olectra Greentech Q1 Results: Revenue Reaches 5.76 Billion Rupees
Bank of Baroda Raises $700 Million via Senior Unsecured Notes
Bank of Baroda Raises $700 Million via Senior Unsecured Notes
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