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acquisitionAnnounced · Jan 8, 2026Construction Chemicals and Wood CoatingsSource · CredibleArticle · Factual
Remmers Gruppe acquires Teknovace Coatings Pvt
David Najork · Founding Software Engineer
Published · Updated · 1 min read
Deal value
$33.3M
Target
Teknovace Coatings Pvt
Loha Mandi, Uttar Pradesh
Acquirer
Remmers Gruppe
Financial Stake
Status
Announced
Remmers Gruppe agreed to acquire Teknovace Coatings Pvt. Reported deal value: $33.3M. Status: Announced. Sector: Construction Chemicals and Wood Coatings. Target headquarters context: Loha Mandi, Uttar Pradesh, India.
This page summarizes publicly available information about the transaction as of 2026-01-08. Figures and status may change as filings and press coverage update.
and Nikhil Mahapatra, executive director, Teknovace German construction chemicals and wood paints maker Remmers Gruppe SE will acquire a 50.01% stake in Pune - based Teknovace for Rs 300 crore
Deal timeline
Announced
Jan 8, 2026 · vccircle.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in Construction Chemicals and Wood Coatings with a reported deal value of $33.3M. Figures and status may change as sources update.
Sources: vccircle.com · Primary article · FireStrike proprietary index