Acquiring Company
Ace Men Engg Works Limited
Acquired Company
Manibhadra Industries Private Limited
AlbaniaAlbaniaFinancial ServicesFinancial ServicesDescription
Ace Men Engg Works Limited has completed a 100% acquisition of Manibhadra Industries Private Limited in November 2025. The acquisition involved the issuance of 9.8 million equity shares, leading to recognition of Rs 52.90 crore in goodwill. Following this, Ace Men Engg has reported consolidated revenue of Rs 10.98 crore. However, compliance concerns regarding the acquired entity's financial conduct have been raised by auditors.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Manibhadra Industries Private Limited?
Manibhadra Industries Private Limited was acquired by Ace Men Engg Works Limited, based in Albania. The deal was reported on September 5, 2026. Ace Men Engg Works Limited is an engineering company specializing in providing innovative solutions. The company has recently expanded its operational scope through acquisitions. Ace Men Engg Works Limited is privately held and operates in Financial Services.
When did Ace Men Engg Works Limited acquire Manibhadra Industries Private Limited?
Ace Men Engg Works Limited's acquisition of Manibhadra Industries Private Limited was reported on September 5, 2026. Ace Men Engg Works Limited has completed a 100% acquisition of Manibhadra Industries Private Limited in November 2025. The acquisition involved the issuance of 9.8 million equity shares, leading to recognition of Rs 52.90 crore in goodwill. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Manibhadra Industries Private Limited do?
Manibhadra Industries Private Limited is a company involved in the industrial sector. The company was acquired by Ace Men Engg Works in November 2025. The acquisition aimed at expanding operational scope and enhancing revenues. It is privately held, operating in Financial Services, and is based in Albania.
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