India refractory maker acquires German GSB Group

By IM Staff
Published: Friday, 08 February 2019

Dalmia-OCL hails an increase in its clean refractory capacity after buying German GSB group.

by Sunder Singh

Indian refractory producer Dalmia-OCL has expanded into Europe with the purchase of Germany specialty refractory manufacturer GSB Group GmbH, increasing its stake in the clean refractories market.

The transaction was valued at €15 million ($17 million), Fastmarkets IM has learned. 

According to Dalmia-OCL the investment will be...

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