M&A Deal Summary

?i?ecam Acquires HNG Float Glass

On June 11, 2013, ?i?ecam acquired building materials company HNG Float Glass

Acquisition Highlights
  • This is ?i?ecam’s 1st transaction in the Building Materials sector.
  • This is ?i?ecam’s 1st transaction in India.

M&A Deal Summary

Date 2013-06-11
Target HNG Float Glass
Sector Building Materials
Buyer(s) ?i?ecam
Deal Type Add-on Acquisition

Target

HNG Float Glass

Mumbai, India
HNG Float Glass Ltd. is a manufacturer and supplier of float and safety glass products.

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Buyer(S) 1

Buyer

?i?ecam

Istanbul, Turkey

Category Company
Founded 1935
Sector Diversified
Employees23,807
Revenue 185.6B TRY (2024)
DESCRIPTION

?i?ecam is one of the most powerful industrial conglomerates that transformed into a global player in all key areas of the glass industry, as well as in soda and chromium compounds business lines. Additionally, ?i?ecam assumes a pioneering role in mining, energy, and recycling business lines. It is taking further steps toward achieving its ambitious goals across the globe. ?i?ecam was established in 1935 and is based in Istanbul, Turkey.


DEAL STATS #
Overall 1 of 1
Sector: Building Materials M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: India M&A 1 of 1
Year: 2013 M&A 1 of 1