Mumbai, March 11 -- Wavin Industries (Wavin India) is in the business of manufacturing piping systems under the brand "Wavin" and part of the Orbia Group. It manufactures PVC pipes & fittings, CPVC pipes & fittings, HDPE pipes, PPR pipes and other products in Building and Infrastructure segment. The turnover of Wavin India for the financial year 2023-24 was Rs 1,007.50 crore.

As per the terms of the agreement, Supreme Industries would acquire all tangible fixed assets, tools, moulds & dies, spare parts, all intangible fixed assets including trademarks & Intellectual property rights, all licences, approvals & permissions, contract for power & other utilities, all material contracts, orders, rate contracts in hand and employees of Wavin's ...