AAK has acquired the remaining shares of its joint venture in India

摘要

To further strengthen its position in the strategic and fast-growing Indian market, AAK AB has acquired the remaining 31% of the shares of AAK Kamani, the joint venture between AAK and Kamani Oil Industries Pvt Ltd. that was formed in September 2015. AAK now owns 100% of AAK Kamani. "Working together with the founding family for the past five years, AAK is now ready to lead the next growth journey for AAK Kamani", said Sten Estrup, President AAK Asia. "Since engaging in the joint venture, we have together with Prakash Chawla and his family continuously expanded and developed AAK Kamani based on its strong heritage and brand recognition."