As corporate restructuring is developing, purchase and sale of divisions or plants is becoming common in present conditions. A company can purchase an asset or it can divestiture its asset depending on the need.
Some important examples of purchase of division/plant in recent past years are.
Some important examples of purchase of division/plant in recent past years are.
- Cement plant of TISCO(A plant is situated in East Madhya Pradesh and the slag cement grinding facility is located in southern Bihar) is purchased by Lafarge Cement India.
- SRF Limited become the owner of nylon tyre cord division of CEAT.
- Heinz India limited purchased the foods division of Glaxo India Limited.
- Hindustan Sanitaryware Industries Limited(HSIL) bought the Chrome Fitting bathroom division at Bhiwadi, of Havells Group India limited as a part of its diversify portfolio strategy.
yes, merger and acquisition has now become a common course of action.... wheather partly or wholly or any form of M & E....
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