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Mitsui picks up 30% in plumbing major Toto’s India unit for $10.9M

By Madhav A Chanchani

  • 24 Aug 2012
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Mitsui picks up 30% in plumbing major Toto’s India unit for $10.9M
Toto Ltd

Japanese conglomerate Mitsui & Co., Ltd is picking a 30 per cent stake in the India arm of Toto Ltd, one of the world’s largest sanitary ware and plumbing products manufacturer. The stake is being picked up for Rs 60 crore ($10.9 million) in Toto India Industries Private Ltd, valuing the ......

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