GMM Pfaudler Limited through its subsidiary Pfaudler GmbH, Germany, has entered into an investment and shareholders’ agreement on December 20, 2024, to acquire 51% stake of a limited liability company in Poland.

This acquisition aims to establish a manufacturing and engineering facility in Poland, enhancing its global manufacturing capabilities and competitiveness.

The acquired entity specializes in the manufacturing of high-quality stainless-steel equipment for the pharmaceutical and food industries.

Investment of PLN 12.2 million (around Rs. 25.3 crore) will be made to establish this facility and the transaction will be funded through internal accruals.

Thomas Kehl, CEO, International Business said, "This acquisition reflects our continued focus on delivering cost- effective, high-quality solutions for our customers. Establishing this facility in Poland aligns with our vision of strengthening our market presence in Europe and beyond."