GMM Pfaudler Limited announced today that its German subsidiary, Pfaudler GmbH, will acquire a 51 percent stake in a Polish limited liability company to establish a new production facility in Poland. The agreement was signed on December 20, 2024.
Shares of GMM Pfaudler Limited were trading at ₹1,213.20 at 11:30 am today, down ₹5.90 or 0.48 percent on the NSE.
The company plans to invest PLN 12.2 million (approximately ₹25.3 crore) in the project, which will be financed through internal facilities. The Polish entity specializes in the production of stainless steel equipment for the pharmaceutical and food industries.
Thomas Kehl, CEO of International Business at GMM Pfaudler, said the acquisition aligns with the company’s strategy to strengthen its presence in the European market while providing cost-effective solutions to customers.
GMM Pfaudler, a global supplier of corrosion-resistant technologies and systems, currently operates 20 production sites across four continents. The company has more than 2,000 employees and mainly serves the chemical and pharmaceutical industries.
The new Polish facility is expected to improve the company’s global production capabilities and competitive position in the European market. This expansion marks the latest step by GMM Pfaudler to strengthen its international presence in the specialized industrial equipment sector.
