Unimech Aerospace acquires 76% of Hobel Bellows from its wholly owned subsidiary for ₹6.08 Crore. The related-party deal makes Hobel a wholly owned subsidiary.
Value
₹6.08 Cr
Execution
Expected completion within 2 months, subject to formalities
Unimech Aerospace completed the first tranche of capital infusion in its joint venture, Kanoo Unimech Advanced Manufacturing Solutions, for SAR 15.30 million (₹39.36 Crore).
Unimech Aerospace acquired 850 equity shares of Dheya Engineering Technologies for Rs. 2.998 Crore through a secondary purchase. This strategic investment aims to bolster manufacturing capabilities.
Unimech Aerospace acquired Hobel Bellows for ₹450 Crore to enhance its precision engineering capabilities. The debt-free target reported ₹129 Crore revenue with >50% EBITDA margins. The acquisition fast-tracks entry into specialized segments like aerospace, nuclear, and hydrogen, offering significant cross-selling synergies.
