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<h1>Conglomerate completes demerger and fully acquires decade-old JV, rebrands to drive global growth and capacity expansion</h1> A domestic conglomerate completed a demerger and acquired 100% equity of a decade-old joint venture with an international technical mesh and filtration group, rebranding the business to operate under a new corporate name. The transaction was mutual and amicable, with no financial terms disclosed, and aims to enable independent market strategies, capacity expansion, and global growth. The entity holds multiple management and environmental certifications and plans a new LEED Platinum manufacturing facility to support scaled production of woven mesh and filtration products across automotive, energy, industrial filtration, architecture and solid-liquid separation sectors.