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Pidilite Industries acquires some assets of CIC Holdings

Pidilite Industries Ltd has acquired Chemifix trademark and other brands associated with PVAC adhesives business from Sri Lanka based CIC Holdings Plc. Pidilite Lanka Pvt Ltd (PLPL) which is a step down subsidiary of the company has also acquired the commercial and technical knowhow relating to PVAC Adhesive business from CIC Holdings.

Pidilite Industries said in a BSE filing that”PLPL, has acquired from CIC Holdings PLC, Chemifix trademark and other brands associated with PVAC Adhesives business alongwith the commercial and technical knowhow relating to PVAC Adhesive business.”

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