India refractory maker acquires German GSB Group
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...