Thermax Ltd. has acquired Buildtech Products India Pvt Ltd. for approximately Rs 72 crore, marking its entry into the construction chemicals sector. With a market cap of about $7.3 billion, Thermax aims to enhance its production capabilities and distribution across India, leveraging Buildtech's established presence in infrastructure projects. Founded in 1995, Buildtech serves notable clients like the NHAI and NHPC, solidifying its reputation in the industry.
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