Murugappa Buys Hubergroup For $310m

Murugappa Group, Based In Chennai, Has Announced Its Acquisition Of The German Specialty Chemicals Company Hubergroup For $310 Million. This Deal, Which Includes A $160 Million Debt Refinancing Component, Marks A Significant Expansion For Murugappa In The Global Print And Packaging Market. The Acquisition Is Set To Be Finalized Pending Regulatory Approvals.