The deal gives the company a head start in the high growth and relatively less crowded plastic piping segment
In August 2014, Astral had completed the acquisition of 80 percent stake in UK-based Seal It Services Ltd (Seal-It) which manufactures and sells a comprehensive range of sealants, adhesives, water proofing, cleaning products.
Sanjay Agarwal, chairman and managing director, Texmo Pipes said that the company is looking to enter the Chlorinated Polyvinyl Chloride (CPVC) pipes and fittings space.