Walplast Acquires Majority Stake in Vura Bau Chemie to Expand Building Materials Portfolio
The investment aligns with Walplast’s long-term strategy to expand its presence across the building materials value chain and strengthen its ability to address the evolving requirements of India’s construction industry.
Vura has established a credible market position within a relatively short period through its specialised product offerings, technical expertise and customer-first approach.
The investment will enable Walplast to strengthen its offerings across the tile adhesives and waterproofing categories while expanding into the specialised stone-care segment. It will also support the company’s entry into new market segments and reinforce its position in the high-performance building solutions category. It aligns with Walplast’s market expansion ambitions and will reinforce its positioning of category building through range expansion.
Commenting on the investment, Kaushal Mehta, Managing Director, Walplast Products Pvt. Ltd., said, “Our investment in Vura Bau Chemie reflects a shared vision for long-term growth. We were impressed by its entrepreneurial leadership, technical expertise and differentiated portfolio, which have earned customer confidence within a short period. Vura’s agility and specialised capabilities complement Walplast’s core values, manufacturing excellence, R&D strength, distribution network and international reach. This investment will strengthen our existing categories, open new market segments and help us address evolving customer needs. With sustained investment in India’s housing and infrastructure sectors, we see significant potential to scale the business and deliver advanced building solutions to a wider customer base. We warmly welcome Minesh Chaudhari and the Vura team and look forward to shaping the next phase of growth together.”
Published on:
12 August 2026
Share:
We Value Your Comment
