CCI permits Protos Engineering and Paharpur Cooling Towers to acquire additional shares of Thyssenkrupp Industries

#Acquisition #Thyssenkrupp #PaharpurCoolingTowers

Source:CCI

Protos is a sole selling agent of Thyssenkrupp Industries.

April 2024 : Competition Commission of India (CCI) approves the acquisition of additional shareholding of Thyssenkrupp Industries India Private Limited by Protos Engineering Company Private Limited (Protos) and Paharpur Cooling Towers Limited.

Protos is engaged in acting as an agent for companies that manufacture equipment, machinery and raw materials as well as industrial products in various sectors such as steel, cement, sugar, etc. It is also a sole selling agent of Thyssenkrupp Industries. Moreover, the Protos group is engaged in providing industrial inspection services and industrial certification services.

Paharpur Cooling Towers is engaged in the manufacture and sale of industrial cooling systems.