Sandur Manganese & Iron Ores Limited completes acquisition of Arjas Steel Private Limited to transition to an integrated metals mining company
Nov 15, 2024•about 1 year ago
Acquiring Company
Sandur Manganese and Iron Ores
Acquired Company
Arjas Steel
BengaluruBengaluruMineralPrecious MetalsMiningManufacturingMiningDescription
The Sandur Manganese & Iron Ores Limited has successfully completed the strategic business acquisition of Arjas Steel Private Limited. This milestone transaction marks a significant step in SMIORE's evolution from a mining company to an integrated metals and mining powerhouse.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed