
Supreme Industries acquires Wavin India
(20 seconds reading) Supreme Industries Ltd. announced on March 10, 2025, that it has signed a Memorandum of Understanding (MoU) with Wavin India to acquire its Indian piping business for $30 million. The deal, expected to close by June 30, 2025, will also grant Supreme exclusive access to Wavin BV’s technologies for India and SAARC countries over seven years. This acquisition will boost Supreme’s piping division capacity by 73,000 MT per year and improve efficiency across North and South India. The deal is subject to due diligence and regulatory approvals.