Acquisitions2 Jul 2025, 02:24 pm
Bharat Forge Successfully Completes Acquisition of AAM India Manufacturing
AI Summary
Bharat Forge Limited (BFL) has successfully concluded the acquisition of AAM India Manufacturing Private Limited (AAM India) at an Equity Value of Rs 7,464.6 million including Cash on books of the acquired entity of Rs 1,894.8 million. This cash is available for addressing future growth opportunities. The final equity value is subject to Net Working Capital adjustments as of June 30, 2025. AAM India has a formidable name in the automotive products space supplying to all major OEM across traditional and New Mobility technology. This acquisition will enable BFL to complement its component offerings with products solutions to OEMs in India & Globally.
Key Highlights
- Bharat Forge Limited has successfully concluded the acquisition of AAM India Manufacturing Private Limited.
- The acquisition is at an Equity Value of Rs 7,464.6 million including Cash on books of the acquired entity of Rs 1,894.8 million.
- The acquisition will enable BFL to complement its component offerings with products solutions to OEMs in India & Globally.
- AAM India has a formidable name in the automotive products space supplying to all major OEM across traditional and New Mobility technology.
- The final equity value is subject to Net Working Capital adjustments as of June 30, 2025.