Everstone acquires Ozone Overseas

15 November 2011: Everstone Capital Management has acquired a minority stake in New Delhi-based Ozone Overseas by investing Rs. 60 crore.

Ozone is an architectural hardware company that manufactures glass doors, bathroom accessories and balusters for commercial and residential purposes. The funds will be used towards building their hardware brand, expanding distribution network and developing their urban infrastructure business. Also, the company plans to set up a new factory down South.

Source: Livemint