India’s leading ceramic tiles company Kajaria ceramic has announced acquisition of Morbi (Gujarat) based COSA Ceramics (P) Ltd. With this new acquisition COSA Ceramic will be the 6th plant under Kajaria Ceramic which is already having other five plants at various locations across India: 1 U.P., 1 in Rajasthan, 2 in Gujarat and 1 A.P.
COSA Ceramic was a new factory which was manufacturing Double Charge Vitrified tiles in Morbi. Since now Kajaria have major stake in the company it will get benefited from the hugh production capacity to serve the India market better. Kajaria has acquired Cosa ceramic in a good deal at Rs. 11 crore.
It is notesworthy that Kajaria Ceramic Ltd is the ONLY CERAMIC TILES COMPANY company in INDIA awarded “Superbrands” status for 6th consecutive year.