Assets include Aquel brand (along with all the relevant intellectual property), land, buildings and miscellaneous civil structures, plant and machinery, dies, tools and fixtures, and other office equipment.
The Aquel brand has established itself as a key player in Western, Central and certain parts of South India, with its wide range of products. It has captured the attention of homeowners, interior designers, architects and builders. There are currently 9 ranges and 250 SKU’s being produced under the Aquel brand.
The acquisition of the Aquel brand (including all its intellectual property rights) along with other assets will help the company in setting up an in-house manufacturing facility inter alia resulting in building greater value in bathware segment. This growth opportunity i...
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