GMM Pfaudler starts operations at acquired facility at Vatva

GMM Pfaudler starts operations at acquired facility at Vatva


GMM Pfaudler starts operations at acquired facility at Vatva
May 24, 2021
Had emerged the successful bidder to acquire assets HDO Technologies
GMM Pfaudler Ltd (GMMP) on Monday commenced manufacturing operations at its facility at Vatva near Ahmedabad, the company said.
GMMP had emerged as the successful bidder to acquire the assets of HDO Technologies Ltd, Vatva in a liquidation process in March.
Technology process solutions provider GMMP had acquired the assets including factory land, building, plant and machinery, office equipment, computers, furniture and fixtures, vehicles and capital work in progress owned by HDO Technologies through an e-auction for a consideration of ₹58.46 crore.

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