Acquiring Company
Electrosteel Castings Limited
Acquired Company
Arabian Water Tech
Description
Electrosteel Castings Limited has completed the acquisition of a 70% shareholding in Arabian Water Tech LLC for OMR 21,000. This transaction makes Arabian Water Tech a subsidiary of Electrosteel Castings, enhancing their overseas operations. The acquisition aligns with their strategy to strengthen market presence in the region.
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Based on deal dataFrequently asked
Who acquired Arabian Water Tech?
Arabian Water Tech was acquired by Electrosteel Castings Limited, based in Kolkata. The deal was reported on September 19, 2026. Electrosteel Castings Limited is a leading manufacturer of ductile iron pipes and fittings. The company has a strong market presence in the construction and water management sectors. Electrosteel Castings Limited is privately held and operates in Manufacturing.
When did Electrosteel Castings Limited acquire Arabian Water Tech?
Electrosteel Castings Limited's acquisition of Arabian Water Tech was reported on September 19, 2026. Electrosteel Castings Limited has completed the acquisition of a 70% shareholding in Arabian Water Tech LLC for OMR 21,000. This transaction makes Arabian Water Tech a subsidiary of Electrosteel Castings, enhancing their overseas operations. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Arabian Water Tech do?
Arabian Water Tech LLC is a company based in Oman involved in the water technology sector. It specializes in providing innovative water solutions and services. The company is recognized for its commitment to quality and efficiency. It is privately held, operating in Water, and is based in Muscat.
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