https://growthvine.in/blog/gmm-pfaudler-acquisition-of-pfaudler-group-a-comprehensive-analysis

Background of the Companies:
GMM Pfaudler: Established in 1961, GMM Pfaudler is a leading Indian manufacturer of process equipment for the pharmaceutical and chemical industries. It offered a diverse product portfolio including mixing systems, filtration & drying equipment, engineered systems, and heavy engineering equipment.

Pfaudler Group: Founded in 1883, Pfaudler Group was a global leader in engineered solutions for corrosive environments. They offered a wide range of glass-lined steel equipment and technologies for the pharmaceutical, chemical, and other process industries. Prior to the acquisition, Pfaudler Group was ultimately owned and controlled by Deutsche Beteiligungs AG, a German private equity firm.