Roca India acquires Espiem Plastics

Our Bureau Chennai | Updated on June 23, 2014

Roca India, a major player in the bathroom products space, has acquired Espiem Plastics making it a wholly-owned subsidiary of the Roca Group.

The acquisition of 100 per cent stake in Espiem is part of the Roca’s strategy to further expand in the market.

Espiem Plastics, established in 1987 as a small partnership venture, was strengthened by the addition of EID Parry as an equity partner in 1998. In 2008, the sanitaryware division of EID Parry (Parryware) was fully acquired by Roca group, and now both facilities of Espiem Plastics have been entirely acquired by Roca.

Published on June 23, 2014

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