Ammann and Gujarat Apollo Industries Ltd (GAIL) have signed binding agreements which will see Ammann Group pay around €44 million to acquire a 70% share in the Indian company’s plant and machine business. Said to be the Indian market leaders in road construction equipment, GAIL’s core products include road pavers, asphalt mixing plants, bitumen sprayers and compaction machines. The joint venture is seen by the Ammann Group as underscoring its global growth strategy while, crucially, heralding its entry into