Euro Pratik Sales Acquires 51% Stake in Chawla Brothers for ₹33.2 Crore
New Delhi, March 23 — Euro Pratik Sales on Monday announced the acquisition of a 51% stake in Chawla Brothers for ₹33.2 crore, strengthening its presence in North India’s decorative surfaces market.The transaction is expected to be completed by March 31, 2026, the company said in a statement.
Deal Structure and Funding Details
The acquisition is valued at ₹33.2 crore, which includes a capital infusion of ₹4.1 crore. The deal will be financed through internal accruals, reflecting the company’s strong financial position.Strategic Expansion in North India
Commenting on the development, Chairman and Managing Director Pratik Singhvi said the acquisition marks a key milestone in the company’s expansion strategy.He noted that after successfully integrating URO Veneer World in South India, the acquisition of Chawla Brothers significantly strengthens Euro Pratik’s footprint in North India.
Strengthening Distribution and Market Reach
The acquisition is expected to enhance the company’s distribution capabilities and broaden its product reach across multiple regions.Euro Pratik Sales also indicated that it will continue to explore strategic acquisitions to drive long-term, value-accretive growth.
Second Acquisition in Four Months
This marks Euro Pratik’s second strategic acquisition in the past four months, following its earlier acquisition of URO Veneer World, which helped expand its presence in South India.Chawla Brothers’ Strong Regional Presence
Founded in 1978, Chawla Brothers has an established presence across Punjab, Haryana, Jammu & Kashmir, and Himachal Pradesh.The company operates in both wholesale (B2B) and retail (B2C) segments and has built a robust distribution network of over 450 dealers, making it a valuable addition to Euro Pratik’s growth strategy.
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.