India: Tide Water to buy UK lube maker Price Thomas for $13.75m

India: Tide Water to buy UK lube maker Price Thomas for $13.75m

Photo: Indranil Bhoumik/Mint

Tide Water Oil Co. (India) Ltd, the maker of Veedol and Eneos lubricants, on Wednesday concluded an agreement to acquire UK-based lubricant maker Price Thomas Holdings Ltd for £9.59 million (Rs.91.3 crore) as part of its plans to expand overseas sales.

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