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Indo Count Industries Ltd to acquire Home Textile business of GHCL Ltd

Indo Count Industries Ltd to acquire Home Textile business of GHCL Ltd
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Indo Count buys GHCL s home textiles business, IP, inventory for Rs 576 cr

In a Rs 576 crore deal, home textile major Indo Count Industries Ltd (ICIL) and its subsidiary will acquire the home textile business of GHCL Ltd in India and identified assets (inventory and intellectual property) of its US subsidiary Grace .

Indo Count buys GHCL s home textiles business, IP, inventory for Rs 576 cr

In a Rs 576 crore deal, home textile major Indo Count Industries Ltd (ICIL) and its subsidiary will acquire the home textile business of GHCL Ltd in India and identified assets (inventory and intellectual property) of its US subsidiary Grace Home Fashions LLC (GHF).

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