Perma-Pipe Agrees to 51% Stake in India Coating Joint Venture With Welspun

Perma-Pipe QA entered into a share purchase agreement to acquire a 51% stake in newly formed Welspun Special Coating for INR 51,000, while Welspun Corp. will acquire the remaining 49% for INR 49,000. The venture will provide internal fusion bonded epoxy coating and related services for steel pipes…