India, March 23 -- Euro Pratik Sales Ltd has announced the acquisition of a 51% stake in Chawla Brothers for Rs 33.2 crore, including a capital infusion of Rs 4.1 crore. The transaction, expected to be completed by March 31, 2026, will be funded through internal accruals, highlighting the company's strong financial position. The acquired business is projected to generate revenue of around Rs 80 crore in FY27.
This marks Euro Pratik's second strategic acquisition in the past four months, following its acquisition of URO Veneer World, as part of its broader strategy to expand its pan-India footprint.
Founded in 1978, Chawla Brothers has built a strong presence across North India, particularly in Punjab, Haryana, Jammu & Kashmir, and Himacha...