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Perma-Pipe Qatar To Acquire 51% Stake In Welspun Special Coating, Forming India Joint Venture To Expand Fusion-Bonded Epoxy Coating Services; No Financial Terms Disclosed

Nov 3, 2026 · 02:14 PM ET· updated 1h ago

Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH), a global leader in engineered piping and corrosion protection solutions, today announced that its subsidiary, Perma-Pipe Qatar, has agreed to acquire a 51% equity

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Why It Matters

Perma-Pipe is buying a majority stake in an Indian coating company. This move helps them grow their corrosion protection business in a new market.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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