Greenlam Industries on Wednesday said it has acquired Europe-based leading supplier of decorative surfaces Decolan SA for an undisclosed amount. The acquisition is expected to be completed in the first quarter of 2019-20 and will further strengthen the company’s position in the European market. “This strategic business deal marks the first European acquisition by Greenlam and will allow Greenlam to serve the European market with greater business efficiency,” Greenlam Industries MD and CEO Saurabh Mittal said in a statement.
