GMM Pfaudler Limited announced today that its German subsidiary, Pfaudler GmbH, will acquire a 51 per cent stake in a Polish limited liability company to establish a new manufacturing facility in Poland. The agreement was signed on December 20, 2024.
The shares of GMM Pfaudler Limited were trading at ₹1,213.20 down by ₹5.90 or 0.48 per cent on the NSE today at 11:30 am.
The company plans to invest PLN 12.2 million (approximately ₹25.3 crore) in the project, which will be funded through internal accruals. The Polish entity specialises in manufacturing stainless-steel equipment for pharmaceutical and food industries.
Thomas Kehl, CEO of International Business at GMM Pfaudler, said the acquisition aligns with the company’s strategy to strengthen its European market presence while providing cost-effective solutions to customers.
GMM Pfaudler, a global provider of corrosion-resistant technologies and systems, currently operates 20 manufacturing locations across four continents. The company employs over 2,000 people and primarily serves the chemical and pharmaceutical industries.
The new Polish facility is expected to enhance the company’s global manufacturing capabilities and competitive position in the European market. This expansion marks GMM Pfaudler’s latest move to strengthen its international presence in the specialised industrial equipment sector.
