Ducol Organics & Colours Expands Portfolio with Strategic Acquisition

Image Source : DUCOL

Ducol Organics & Colours Ltd has acquired Bitumag Industries, a leading company specializing in waterproofing solutions. This acquisition marks a significant step in Ducol’s expansion strategy, reinforcing its presence in the construction and industrial coatings sector. Additionally, the company is diversifying its product range by entering the non-pigment dispersions market, broadening its offerings beyond traditional pigment-based solutions.

Key highlights of the development:
- The acquisition of Bitumag Industries strengthens Ducol’s capabilities in waterproofing technologies, catering to growing demand in infrastructure and real estate sectors.
- Ducol’s expansion into non-pigment dispersions aligns with its strategy to enhance product innovation and meet evolving industry requirements.
- Industry experts anticipate that these strategic moves will improve Ducol’s market positioning and drive long-term growth.

This development underscores Ducol Organics & Colours Ltd’s commitment to innovation and market expansion, ensuring sustainable business growth and enhanced product offerings.

Sources: Ducol Organics & Colours Investor Relations, Screener, Bitumag Industries Corporate Filings, Market Reports India