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Wendt (India) > Company History > Abrasives > Company History of Wendt (India) - BSE: 505412, NSE: WENDT
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Wendt (India)
BSE: 505412|NSE: WENDT|ISIN: INE274C01019|SECTOR: Abrasives
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Company History - Wendt (India)
Wendt (India) Limited (WIL) was incorporated in 1980 as a Joint
 Venture between Wendt GmbH ( www.wendtgroup.com ) and The House of
 Khataus. In 1991, Carborundum Universal Ltd (CUMI), a US$ 3.0 Billion
 Murugappa Group Company ( www.murugappa.com) acquired the Khatau's
 stake in the business. Since then WIL has been a 40 - 40 Joint
 Venture between Wendt GmbH and CUMI. The public holds the balance 20%
 equity.
 
 Wendt India is ranked among the Top 25 successful Indo-German JVs by
 the Indo-German Chamber of Commerce (IGCC).
 
 Wendt India draws its Technological Superiority from Wendt GmbH which
 is a part of Winterthur Technology Group (WTG ) Switzerland and Sound
 and Ethical Management practices from Murugappa Group.
 
 
Source : Dion Global Solutions Limited
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