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Apollo Ceramics acquires 76% of Mazzini Tiles

PRIVATESep 19, 2026about 3 hours ago

Acquiring Company

Apollo Ceramics Limited

Acquired Company

Mazzini Tiles

GujaratGujaratManufacturingBuilding MaterialManufacturingBuilding Material

Description

Apollo Ceramics Limited, a subsidiary of Apollo Pipes, has acquired a 76% controlling interest in Mazzini Tiles LLP for ₹40.42 crore. This acquisition marks Apollo Pipes' entry into the ceramic tiles segment, enhancing its portfolio in building materials. The deal provides immediate access to Mazzini's manufacturing capabilities and established revenue streams.

Company Information

Company

Apollo Ceramics Limited

Location

Gujarat, India

About

Apollo Ceramics Limited is a newly incorporated subsidiary of Apollo Pipes, focusing on ceramic tiles. The company aims to establish a footprint in the ceramic segment through strategic acquisitions. This marks a significant diversification for Apollo Pipes, transitioning from plastic pipes to building materials.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Mazzini Tiles?

Mazzini Tiles was acquired by Apollo Ceramics Limited, based in Gujarat. The deal was reported on September 19, 2026. Apollo Ceramics Limited is a newly incorporated subsidiary of Apollo Pipes, focusing on ceramic tiles. The company aims to establish a footprint in the ceramic segment through strategic acquisitions. Apollo Ceramics Limited is privately held and operates in Manufacturing.

When did Apollo Ceramics Limited acquire Mazzini Tiles?

Apollo Ceramics Limited's acquisition of Mazzini Tiles was reported on September 19, 2026. Apollo Ceramics Limited, a subsidiary of Apollo Pipes, has acquired a 76% controlling interest in Mazzini Tiles LLP for ₹40.42 crore. This acquisition marks Apollo Pipes' entry into the ceramic tiles segment, enhancing its portfolio in building materials. 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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