Motilal Oswal PE Invests INR750 Million in Glass Wall Systems (Asia)
Source: The Economic Times | Author(s): Sneha Shah
Private equity firm Motilal Oswal Private Equity has invested INR750 million (approximately US$12.5 million) for a minority stake in India-based Glass Wall Systems, a company that designs, manufactures and installs aluminum and glass facades for commercial and residential buildings. The transaction was structured through India Business Excellence Fund II. The company will use the capital to set up a processing facility for facades in Mumbai.