Deal Snapshot
IMD TO ACQUIRE INDIAN PVC PIPE MAKER LCG PLASTECH
Tuesday 13 March 2018

Florida, US-based holding company IMD Companies, Inc. (OTC: ICBU) has signed an MOU to acquire India-based PCV pipe manufacturers LCG Plastech to complement IMD's other companies, expanding its portfolio of PCV pipes, the company said.
LCG said being part of a public company like IMD will give it more exposure and more visibility for business expansion with the other mining companies that IMD owns. IMD Companies, Inc., is engaged in the manufacturing, extraction and distribution in mining, hydroponics industries, and asset accumulations of revenue producing companies.


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Details
Date Published: 13/03/2018
Target: LCG Plastech
Country: India
Sector: Machinery/Engineering
Type: Corporate acquisition
Financing:
Status: Agreed
Vendor:
Buyer: IMD Companies, Inc
Comment:
Terms of the deal were not disclosed

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