Date:26/11/2008 URL: http://www.thehindu.com/2008/11/26/stories/2008112652091600.htm

Business

KS Oils buys Ambo’s ebible oil refinery

MUMBAI: KS Oils on Tuesday announced the acquisition of Ambo Agro Products, a port based edible oil refinery in Haldia Port, for a consideration of Rs. 125 crore.“ The acquisition is a part of our strategy to have a manufacturing presence in one of our key markets of East India,” KS Oils MD, Sanjay Agarwal said in a release.