The Braj Binani Group, one of India’s fastest growing business conglomerates having diversified interests in cement, zinc, glass fibre and composites, completed on February 1st 2012 the acquisition of 3B-the fibreglass company. This operation is driven by a vision to create a major fibreglass player with state-of-the-art technology, global ambitions and unrivaled innovation capabilities.
Binani is fully embracing and confirms 3B strategy to grow focusing on the wind, thermoplastics and performance composite markets, and to pursue its track record of innovation.
Building on shared corporate values, a common commitment to quality excellence and corporate social responsibility, 3B will be well positioned to deliver greater value to its customers and to fully capture new growth opportunities, especially in high-growth markets. This transaction will contribute to 3B’s commitment to offer its clients a reliable sourcing strategy and to partner with them to develop innovative composites solutions.
This transaction strengthens the perpetuation and reinforcement of 3B’s strategy. The joining of these two companies is an incredible combination. It positions us for long-term global success. We will fully leverage our unique strengths to support our customers’ growth strategies around the world.