Creador raises Somany Ceramics investment to $10m
South and Southeast Asia-focused mid-market GP Creador has increased its investment in Indian tile maker Somany Ceramics to $10 million via a secondary market transaction.
Creador initially acquired a 11.2% stake in the Mumbai-listed company last month via Latinia Limited, an affiliate of Creador Fund II, for INR499.9 million ($8.1 million). The firm subscribed to 4.3 million...
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