German chemical maker Akemi buys 49% of Silicone Concepts, sells minority stake in Indian arm

By Lohit Jagwani

  • 29 Nov 2013

Nuremberg-based Akemi, which manufactures chemicals to treat stones used for construction, has acquired 49 per cent stake in Delhi-based distributor Silicone Concepts Pvt Ltd while selling a significant minority stake in its own Indian arm to Silicone, sources privy to the development told VCCircle. Silicone, founded by Vineet Saluja and Pradeep ......

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