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TTK Prestige announces plans to acquire UK based kitchenware business -Target

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Capital Market
Last Updated : Apr 11 2016 | 7:13 PM IST

Through its UK subsidiary - TTK British Holdings

TTK Prestige announced that its subsidiary in UK, TTK British Holdings has entered into agreement for acquisition of branded kitchenware business in UK (Target).

The Target is of size of 18 million GBP per annum with a double digit EBIDTA margin. This business offers potential for a long term presence for TTK Prestige in UK and Europe through its subsidiary.

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First Published: Apr 11 2016 | 6:48 PM IST

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