Kamdhenu Limited to Acquire 56,000 Equity Shares of Maa Kudargarhi Power and Ispat Private Limited
Kamdhenu Limited has approved the acquisition of 56,000 equity shares of Maa Kudargarhi Power and Ispat Private Limited, a franchisee unit of the company engaged in manufacturing iron and steel products with an installed capacity of 3,60,000 MTPA. The total consideration for this transaction stands at INR 5,04,00,000. This acquisition is part of Kamdhenu’s strategic […]
Global Synergy in Motion: DeeTee Industries Acquires Italy’s COMESA S.r.l.
In an exclusive interview with Tube & Pipe India, Mr. Aradhya Baheti, MD of DeeTee Industries Private Limited, outlines the company’s strategic expansion and international collaboration, especially in Europe and North America. From acquiring Italy-based COMESA to adopting Industry 4.0 technologies and investing in AI-driven manufacturing, DeeTee is rapidly strengthening its global footprint. With a […]
ANDRITZ to Acquire Salico Group
ANDRITZ has signed an agreement to acquire Salico Group, a designer and manufacturer of advanced finishing equipment for metal flat strip processing. This acquisition marks another important step in ANDRITZ’s strategy to become the full-line supplier for the entire downstream portfolio in the ferrous and non-ferrous industries. July 06, 2025 International technology group ANDRITZ has […]
Shell Completes Acquisition of Raj Petro to Expand Lubricants Portfolio
Shell acquires Raj Petro to broaden its lubricants range, reinforcing its position in India’s retail fuel and service sector. Jul 2, 2025 Shell Lubricants has completed the full acquisition of Raj Petro Specialities, purchasing 100 percent equity from the Brenntag Group. This strategic move bolsters Shell’s lubricants portfolio and expands its customer base in India—an […]
DeeTee Industries Acquires COMESA S.r.l., Italy, Enhancing Global Manufacturing Capabilities
DeeTee Industries Private Limited has acquired COMESA S.r.l., an Italian manufacturer of leveller rolls. With the acquisition, DeeTee has expanded its product portfolio, introducing specialized rolls. Jun 11,2025 DeeTee Industries Pvt. Ltd. has acquired COMESA S.r.l., a leading Italian manufacturer of leveller rolls. This strategic acquisition strengthens DeeTee’s position in the global industrial tooling market […]
Jindal Steel Raises Bid to EUR 4 Billion for Italian Steelmaker
Jindal Steel & Power has reportedly raised its bid for an Italian steelmaker plant to about EUR 4 billion. Feb 27, 2025 Jindal Steel has raised its offer for a troubled Italian steelmaker to about EUR 4 billion (USD 4.2 billion) to outbid the competitors, as per a media report. The Indian steelmaker has proposed […]
JSW Steel Completes Acquisition of thyssenkrupp Electrical Steel India for INR 4158 Crore
JSW Steel has acquired thyssenkrupp Electrical Steel (tKES) India Private Limited, the specialty steel unit of German engineering group thyssenkrupp, for INR 4158 crore. Feb 5, 2025 JSW Steel Limited, in collaboration with Japan’s JFE Steel Corporation, has successfully completed the acquisition of thyssenkrupp Electrical Steel (tKES) India Private Limited, the specialty steel unit of […]
JSW & JFE Steel to Jointly Acquire thyssenkrupp for INR 4,051 Crore
The acquisition will enable the consortium of JSW and JFE to manufacture grain-oriented electrical steel in the country, enabling import substitution and taking another step towards a self-reliant India. Oct 22, 2024 JSW Steel Limited, in collaboration with Japan’s JFE Steel Corporation, has entered into a share purchase agreement to acquire 100 percent of equity […]
Vedanta Retreating from Steel Business, Plans To Sell Electrosteel
In 2018, Vedanta beat Tata Steel to take over Electrosteel at INR 5,320 crore. December 2, 2022 Vedanta Group has planned to exit the steel business. This move comes almost four years after the group decided to make big in the segment. As per a news report, Vedanta is planning to sell Electrosteel and focus […]
Ratnamani Metals & Tubes Takes Up Major Stake in Ravi Technoforge
The process of Ratnamani Metals’ acquisition in Ravi Technoforge will be made in three tranches. Ratnamani Metals & Tubes Ltd. has signed a definitive agreement for the acquisition of equity shares in Ravi Technoforge Pvt. Ltd. (RTL). The acquisition will be made in three tranches over the period based on the performance metrics and other […]
