DOMS Industries Limited has completed the acquisition transaction of certain assets from Reynolds Pens India Private Limited and other sellers, as previously intimated on June 10, 2026 (Ref No. DOMS/SE/26-27/18).
Transaction Details
- Completion Date: July 01, 2026
- Aggregate Cash Consideration: US$ 3,700,000 (United States Dollars Three Million Seven Hundred Thousand)
- Exclusion: Inventory value excluded from the consideration amount
- Asset Types Acquired: Certain assets, relevant contracts, employees, intellectual property, and associated identified liabilities
- Product Categories: Manufacture and sale of pens, markers, highlighters, and school supplies under the Reynolds brand
Transaction Parties
Buyer: DOMS Industries Limited
Sellers (Collectively):
- Reynolds Pens India Private Limited (RPI)
- Sanford, L.P. (SLP)
- Luxembourg Brands S.à r.l. (LBS)
- Newell Europe S.à r.l. (NES)
- NWL Valence Services S.A.S. (NWL)
- NWL Switzerland S.à r.l. (NSL)
Ancillary Agreements Executed
Following the completion of the main transaction, the following ancillary agreements have been duly executed:
- Intellectual property assignment agreement
- Supply agreement (RPI will supply pen tips to the Company)
- License agreement