Acquiring Company
Apollo Pipes Limited
Acquired Company
Mazzini Tiles
GujaratManufacturingManufacturingBuilding MaterialDescription
Apollo Pipes Limited has acquired a 76% stake in Mazzini Tiles LLP for Rs 40.42 crore. This acquisition marks Apollo's entry into the ceramic tiles market, utilizing an existing manufacturing facility in Morbi. The investment allows Apollo to diversify its product offerings and leverage its distribution network. This strategic move is part of a larger Rs 300 crore investment plan in the building materials sector.
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Based on deal dataFrequently asked
Who acquired Mazzini Tiles?
Mazzini Tiles was acquired by Apollo Pipes Limited. The deal was reported on September 19, 2026. Apollo Pipes Limited is a leading manufacturer of plastic pipes and fittings in India. The company specializes in a wide range of products for plumbing, irrigation, and other applications. Apollo Pipes Limited is privately held and operates in Manufacturing.
When did Apollo Pipes Limited acquire Mazzini Tiles?
Apollo Pipes Limited's acquisition of Mazzini Tiles was reported on September 19, 2026. Apollo Pipes Limited has acquired a 76% stake in Mazzini Tiles LLP for Rs 40.42 crore. This acquisition marks Apollo's entry into the ceramic tiles market, utilizing an existing manufacturing facility in Morbi. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Mazzini Tiles do?
Mazzini Tiles LLP is engaged in the manufacturing of tiles and ceramic products. Established in 2017, the company has developed a strong domestic network and a growing international export presence. It is privately held, operating in Manufacturing, and is based in Gujarat.
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