Euro Pratik Sales Expands Northern Reach with Chawla Brothers Acquisition

Euro Pratik Sales has acquired a 51% stake in Chawla Brothers for Rs 33.2 crore, aiming to strengthen its presence in North India. This strategic move, funded through internal accruals, follows their recent acquisition of URO Veneer World in South India. Chawla Brothers has a vast distribution network across several northern states.

Euro Pratik Sales, a key player in decorative wall panels and interior solutions, has strategically acquired a 51% stake in Chawla Brothers at Rs 33.2 crore.

Chairman and MD Pratik Singhvi highlighted this acquisition as a vital step in their expansive growth strategy across India. It follows their recent acquisition of URO Veneer World in South India.

Chawla Brothers, established in 1978, boasts a robust presence in Punjab, Haryana, Jammu & Kashmir, and Himachal Pradesh with a distribution network of over 450 dealers.

(With inputs from agencies.)