DOMS completes acquisition of Reynolds brand pen business for US$3.7 million
DOMS · price
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DOMS Industries has completed the acquisition of the Reynolds brand pen business from Reynolds Pens India and affiliated sellers. The deal covers pens, markers, highlighters, school supplies, IP, contracts, and employees. Cash consideration is US$ 3.7 million (about Rs 32 crore), excluding inventory. The APA was signed on June 10, 2026, and closed on July 1, 2026. Ancillary IP, supply, and license agreements were also executed. Confirmed as not a related party transaction.
Expands product portfolio into Reynolds pens, markers, and school supplies. Small deal size relative to DOMS but adds an established brand and distribution.