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NMDC Group has signed an acquisition agreement with Spain’s Lantania Group to establish a new international platform in the water sector, marking a strategic expansion beyond its traditional engineering and construction activities.
Under the agreement, announced on Monday, NMDC Group will acquire a 51% stake in Lantania Aguas, Lantania Group’s water-focused subsidiary specialising in desalination, wastewater treatment and water reuse projects. Lantania will retain the remaining 49%, with the business set to operate as…
