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Hemas Holdings to acquire stationery manufacturer Atlas

Jan 19, 2018 8:21:20 AM - LBO.com
atlas-lkJan 19, 2018 (LBO) – Hemas Holdings has entered into an agreement to acquire 75.1 percent stake of Sri Lanka’s leading stationery manufacturer Atlas for 5.7 billion rupees. Hemas said in a statement that the acquisition of Atlas will increase the group’s presence in the fast-moving consumer goods space. “Atlas will become the third largest […]