Mumbai, Aug. 19 -- In a regulatory filing, the company disclosed that its wholly owned step-down subsidiary, HLE Surface Technologies GmbH, finalized the acquisition of specific assets of Germany-based Omeras GmbH, along with all shares of its subsidiary Omerastore GmbH, on 18 August 2025.

The acquisition, valued at 2.75 million euros, follows HLE Glascoat's initial disclosure dated 14 August 2025. The deals were executed through a sale and purchase agreement and a real estate purchase agreement on 13 August 2025.

Omeras GmbH, with a legacy of 187 years and headquartered in Lauter-Bernsbach, Germany, specializes in manufacturing glass-lined and enameled panels, tanks, and architectural claddings. It offers comprehensive services ranging...