Praana - M&A Summary and Business Overview

ChemicalsCompany

Praana M&A Summary

Praana has acquired 1 company, including 1 in the last 5 years.

Praana’s largest acquisition to date was in 2025, when it acquired Owens Corning - Glass Reinforcements Business for $755M. Praana has acquired in 1 US state. The Company’s most targeted sectors include building materials (100%).

Praana Business Overview

Where is Praana headquartered?

Praana is headquartered in Mumbai, India.

What sector is Praana in?

Praana is a chemicals company.

When was Praana founded?

Praana was founded in 1956.

M&A Summary

  • M&A Total Activity1
    • M&A Buy Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 1

Praana

Praana Group

Mumbai,
India,
www.praana.com

Praana operates a global portfolio of manufacturing facilities in the fields of specialty chemicals (Sterling Specialty Chemicals, Galata Chemicals, Artek Surfin Chemicals) and glass fiber & composite materials (3B Fibreglass). Our innovative solutions and high-quality products cater to a wide range of industries like construction, textiles, automotive, home & personal care, energy, and industrial markets. Praana was formed in 1956 and is headquartered in Mumbai, Maharashtra.


M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (0.2/yr) # - - - - - 1 1
vol $755M $755M
Sell (0.0/yr) # - - - - - - 0
  1
+1000.20.40.60.81-0.4-0.21.21.40

Most Recent M&A

Company Date Value Type
Owens Corning - Glass Reinforcements Business 2025-02-14 755M USD Divestiture
Toledo, Ohio
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Building Materials 1 (100%) 755M (100%) - -
Total 1 $755M - -

By Geo

State/Country Buy Value Sell Value
United States 1 755M - -
  Ohio 1 755M - -
Total 1 $755M - -

Deal Values

buy # Total
$100M to $1B 1 $755M
TOTAL $755M
Largest Owens Corning - Glass Reinforcements Business
$755M (2025-02-14)

M&A Connections

Deals
Acquired from
Strategic(s)
100%
1 (100%)

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Chemicals Companies , India Companies