Euro Pratik Sales Ltd has announced the acquisition of a 51% stake in Chawla Brothers for Rs 33.2 crore, including a capital infusion of Rs 4.1 crore. The transaction, expected to be completed by March 31, 2026, will be funded through internal accruals, highlighting the company’s strong financial position. The acquired business is projected to generate revenue of around Rs 80 crore in FY27.

This marks Euro Pratik’s second strategic acquisition in the past four months, following its acquisition of URO Veneer World, as part of its broader strategy to expand its pan-India footprint.

Founded in 1978, Chawla Brothers has built a strong presence across North India, particularly in Punjab, Haryana, Jammu & Kashmir, and Himachal Pradesh. The company operates across both B2B and B2C segments, with a network of over 450 dealers and key operations in Jalandhar and Ludhiana. Its customer base includes architects, builders, contractors, OEMs, and retail consumers.

Commenting on the development, Chairman and Managing Director Pratik Singhvi said the acquisition strengthens the company’s position in North India, following its expansion in the southern market. He added that with a net debt-free balance sheet and strong internal accruals, the company remains well-positioned to pursue value-accretive growth opportunities and enhance its distribution capabilities.

The acquisition is expected to boost Euro Pratik’s market presence in the region by leveraging Chawla Brothers’ established dealer network, improving access across wholesale and retail channels. The company also aims to gradually replace competing products with its own offerings, driving higher revenues and deeper market penetration.

Additionally, the integration will benefit from strong relationships with architects and designers, along with improved logistics efficiency and local market expertise, supporting long-term sustainable growth.