M&A Deal Summary |
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Date | 2009-09-16 |
Target | Reliance Petroleum |
Sector | Energy Services and Equipment |
Buyer(s) | Reliance Industries |
Deal Type | Add-on Acquisition |
Deal Value | 34.0B INR |
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Category | Company |
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Founded | 1973 |
Sector | Energy Services and Equipment |
Employees | 236,334 |
Revenue | 6,999.6B INR (2022) |
Reliance Industries, is India's largest private sector enterprise, with businesses in the energy and materials value chain. Group's annual revenues are in excess of US$ 66 billion. The flagship company, Reliance Industries Limited, is a Fortune Global 500 company and is the largest private sector company in India.Backward vertical integration has been the cornerstone of the evolution and growth of Reliance. Starting with textiles in the late seventies, Reliance pursued a strategy of backward vertical integration - in polyester, fibre intermediates, plastics, petrochemicals, petroleum refining and oil and gas exploration and production - to be fully integrated along the materials and energy value chain.The Group's activities span exploration and production of oil and gas, petroleum refining and marketing, petrochemicals (polyester, fibre intermediates, plastics and chemicals), textiles, retail, infotel and special economic zones. Reliance Industries was founded in 1973 and is based in Mumbai, India.
DEAL STATS | # |
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Overall | 1 of 4 |
Sector (Energy Services and Equipment) | 1 of 1 |
Type (Add-on Acquisition) | 1 of 2 |
Country (India) | 1 of 3 |
Year (2009) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
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2017-09-13 |
Genesis Luxury Fashion Pvt.
Gurgaon, India Genesis Luxury Fashion Pvt. Ltd. is a distributor of high-end fashion brands in India and represents/partners with leading global trends such as Armani, Bottega Veneta, Cavalli, Jimmy Choo, Michael Kors, etc for India. |
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