Supreme Industries Joins Forces with Orbia for Water Management Expansion

Supreme Industries is set to acquire Orbia's pipes and fittings business in India for USD 30 million. The partnership gives Supreme exclusive access to Orbia Wavin's water management technologies, enhancing infrastructure development as India's economy grows.

In a strategic move, Supreme Industries announced on Tuesday its plans to acquire the pipes and fittings business of Orbia Advance Corporation in India for USD 30 million.

This partnership will grant Supreme Industries exclusive rights to leverage Orbia Wavin's cutting-edge water management technologies across India and SAARC countries, according to the company's statement.

As India's economy is poised for significant growth, this initiative aims to expand Supreme's reach, enrich Orbia's customer base, and significantly contribute to India's infrastructure development, highlighted Supreme's Managing Director, M P Taparia.

(With inputs from agencies.)