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Apollo Pipes’ arm acquires 76% stake in Mazzini Tiles LLP
Sep-21-2026

Apollo Pipes’ subsidiary -- Apollo Ceramics (ACL) has acquired 76% stake and profit sharing rights in Mazzini Tiles LLP (Mazzini), thereby acquiring a controlling interest in Mazzini. Cost of acquisition is Rs 40.42 crore. The acquisition is in line with the company's strategy to expand its presence in the tiles and ceramics business and strengthen its presence in the building materials segment.

Apollo Pipes is engaged in the manufacturing and trading of PVC Pipes and Fittings. The company is headquartered in Delhi and among the market leader in piping and related products segment under brand name of APL Apollo.


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