Carlyle acquires significant minority stake in Ahmedabad-based Varmora Granito - Economic Times

Established in 1994, Varmora is a founder-led company and leading and fast-growing tile and bathware brand in India. Varmora aims to leverage the strength of the partnership with Carlyle to enhance its investments in brand building and digital marketing, deep…

Carlyle Group on Tuesday announced a strategic partnership with Ahmedabad-based Varmora Granito through an acquisition of a significant minority stake in the company. Equity for this transaction wil… [+2685 chars]

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