Euro Pratik Sales Ltd
📈 Euro Pratik Sales Expands North India Footprint with Chawla Brothers Acquisition
• Euro Pratik Sales Limited acquires 51% stake in Chawla Brothers for ₹33.20 crore, including ₹4.1 crore capital infusion.
• Projected revenue from Chawla Brothers is ₹80 crore for FY27.
• This is the company's second acquisition in four months, following the purchase of URO Veneer World.
• Chawla Brothers, founded in 1978, has a strong presence in North India with over 450 dealers.
• The acquisition strengthens Euro Pratik's presence in Punjab, Haryana, Jammu & Kashmir, and Himachal Pradesh.
• Euro Pratik plans to leverage Chawla Brothers' distribution network to expand market reach in Tier 2 and Tier 3 cities.
• Company focuses on integrating products and enhancing logistics efficiency through existing infrastructure.
• Euro Pratik holds over 16% market share in India's organized decorative wall panel segment.