Please see the attached letter for details of purchase of Plant and Machinery and Business of Fabrizo Industries Private Limited and its related Business Operations.
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Raaj Medisafe India Ltd is acquiring the plant, machinery and related business operations of Fabrizo Industries Private Limited, a Goa-based manufacturer of alcobev (alcoholic beverage) closures and caps. The total cash consideration for the deal is Rs. 28 crore, and it is expected to be completed on or before December 31, 2025. Fabrizo reported sales of Rs. 24.31 crore in FY24-25, Rs. 27.35 crore in FY23-24, and Rs. 26.90 crore in FY22-23. This is not a related-party transaction, no government approvals are needed, and no equity shares are being acquired, only assets and the business. The acquisition aims to expand Raaj Medisafe's product portfolio and customer base in the alcobev packaging industry.
This acquisition adds a complementary alcobev closures business and manufacturing capacity in Goa, potentially boosting revenue and market presence for Raaj Medisafe. For shareholders, it signals a strategic expansion in core packaging business, though investors should watch for execution risk and integration costs over the coming quarters.