Sintex Industries Ltd.'s downstream subsidiary; Sintex France SAS (a subsidiary of Sintex Holdings BV, Netherlands) has acquired 100% stake in Nief Plastics SA, France. Nief Plastics manufactures a wide range of exterior and interior plastic component systems and thermosets, that find application in the electrical, automotive and aerospace sectors and in household appliances, the building industry, sports/leisure as well as finished products.
This acquisition will enable the company to widen its global footprint, with access to new markets and technologies.
Monday, November 05, 2007
Sintex subsidiary acquires 100% stake in French plastics firm
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