Euro Pratik Sales Ltd. Acquires 51% Stake in Chawla Brothers for ₹ 33.20 Cr
Mumbai, March 23, 2026: Euro Pratik Sales Limited has announced the acquisition of a 51% stake in Chawla Brothers, a decorative surfaces business in North India. The acquisition is valued at ₹ 33.2 crore, including a capital infusion of ₹ 4.1 crore. The transaction is expected to be completed by March 31, 2026, and will be funded through internal accruals. The business is projected to generate revenue of ₹ 80 crore in FY27.This acquisition marks Euro Pratik’s second strategic acquisition in the last four months, following the acquisition of URO Veneer World.
Chawla Brothers, founded in 1978, operates across Punjab, Haryana, Jammu & Kashmir, and Himachal Pradesh, serving architects, builders, contractors, OEMs, and retail consumers through a network of over 450 dealers and operating from key locations in Jalandhar and Ludhiana.
"This acquisition is a key milestone in our growth journey as we continue to build a strong pan-India presence," said Mr. Pratik Singhvi, Chairman and Managing Director, Euro Pratik Sales Limited. "Following the successful integration of URO Veneer World in South India, the acquisition of Chawla Brothers strengthens our foothold in North India."
The acquisition is expected to strengthen Euro Pratik's presence in the northern market and accelerate product penetration.
About Euro Pratik Sales Limited
Euro Pratik Sales Limited is a leading player in the decorative wall panel and laminates industry, holding a market share of over 16% in the organized wall panel segment. The company operates through a network spanning 138+ cities, 188 distributors, and 184,162.50+ sq. k. of warehouse space in Bhiwandi.Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.