Carborundum Universal completes acquisition of stake in PLUSS

Carborundum Universal has completed the acquisition / investment in the equity share capital of PLUSS Advanced Technologies (PLUSS) on October 06, 2021 aggregating to 71.99% of the paid-up equity capital. Post this acquisition effective October 06, 2021, PLUSS along with its wholly owned subsidiary in Netherlands — Pluss Advanced Technologies BV have become subsidiaries of company.

Carborundum Universal pioneered the manufacture of Coated Abrasives and Bonded Abrasives in India in addition to the manufacture of Super Refractories, Electro Minerals, Industrial Ceramics and Ceramic Fibres.

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