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Unimech Aerospace acquires Hobel Bellows for Rs 450 crore to expand precision engineering capabilities.
Unimech Aerospace agreed to acquire Vishakhapatnam-based Hobel Bellows for Rs 450 crore to expand its capabilities in precision engineering and advanced manufacturing.
The deal, advised by Singhi Advisors, aims to strengthen Unimech's presence in aerospace, defense, and industrial sectors.
Following the announcement, Unimech shares rose 5% on the NSE.
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Unimech Aerospace adquiere Hobel Bellows por Rs 450 crores para expandir las capacidades de ingeniería de precisión.