The three new acquisitions of Carborundum Universal Ltd. (CUMI) are on track to achieve break-even by FY23 and FY24, MD N. Ananthaseshan said. “All the major overseas subsidiaries have performed well ...
In February 2022, Cumi acquired two German firms – Rhodius Abrasives at an enterprise value of €55 million and Awuko Abrasives from insolvency administrator at €8 million plus the settlement cost for ...
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