Pidilite Industries has acquired the adhesive business of Blue Coat for Rs 263.57 crore.
Pidilite announced yesterday that it had acquired the adhesive business of Ahmedabad-based Blue Coat, which is engaged in manufacturing and selling a wide range of adhesives and textile chemicals.
Blue Coat, which has a manufacturing plant in Baddi, in Himachal Pradesh, has brands including Bluecoat Plus, Bluecoat Marine, Bluecoat D3, Bluecoat Aqua, Bluecoat Dual, Bluegrip 5000, and Bluecoat A1, among others.