HomeMergers & AcquisitionsPiovan acquires majority stake in Nu-Vu Conair

Piovan acquires majority stake in Nu-Vu Conair

Auxiliary systems manufacturer Piovan Group has consolidated its position in India by acquiring a majority stake in joint venture company Nu-Vu Conair. The acquisition of an additional 1 per cent equity stake allows Piovan to reach a collective 51 per cent stake in Nu-Vu Conair. This, Piovan said, would allow it to capture growth in…

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