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Sanyo Special Steel Co. Ltd. acquires additional 15.43% stake in Indian steel manufacturer

PRIVATEApr 30, 2024

Acquiring Company

Sanyo Special Steel Ltd

Acquired Company

Sanyo Special Steel Manufacturing India Private Limited

HimejiKhopoliManufacturingMiningPrecious MetalsBuilding MaterialManufacturing

Description

Sanyo Special Steel Co. Ltd., a global manufacturer of steel products, has received approval from the Competition Commission of India (CCI) to acquire a 15.43% shareholding in Sanyo Special Steel Manufacturing India Private Limited from Mitsui & Co. Ltd. This acquisition marks a strategic move for Sanyo Special Steel Co. Ltd., consolidating its position in the Indian market and strengthening its operations in the manufacture of special steel products.

Quick answer

Sanyo Special Steel Ltd is acquiring Sanyo Special Steel Manufacturing India Private Limited, announced April 30, 2024. Sanyo Special Steel Ltd is based in Himeji, Shikama, Japan.

How much did Sanyo Special Steel Ltd pay for Sanyo Special Steel Manufacturing India Private Limited?
The deal value was not disclosed.
What does Sanyo Special Steel Ltd do?
Sanyo Special Steel Co. Ltd. is a global manufacturer and seller of steel products with manufacturing hubs across Europe and India.
Where are Sanyo Special Steel Ltd and Sanyo Special Steel Manufacturing India Private Limited based?
Sanyo Special Steel Ltd is based in Himeji, Shikama, Japan. Sanyo Special Steel Manufacturing India Private Limited is based in Khopoli, Maharashtra, India.

Source: Fundz verified event record.

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Company Information

Company

Sanyo Special Steel Ltd

Location

Himeji, Shikama, Japan

About

Sanyo Special Steel Co. Ltd. is a global manufacturer and seller of steel products with manufacturing hubs across Europe and India. It specializes in various special steel products such as bearing steel, engineering steel, stainless steel, heat-resistant steel, and tool steel. Sanyo is a part of the Nippon Steel Corporation Group.

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Frequently asked

Who acquired Sanyo Special Steel Manufacturing India Private Limited?

Sanyo Special Steel Manufacturing India Private Limited was acquired by Sanyo Special Steel Ltd, based in Himeji. The deal was reported on April 30, 2024. Sanyo Special Steel Co. Ltd. is a global manufacturer and seller of steel products with manufacturing hubs across Europe and India. Sanyo Special Steel Ltd is privately held and operates in Manufacturing.

When did Sanyo Special Steel Ltd acquire Sanyo Special Steel Manufacturing India Private Limited?

Sanyo Special Steel Ltd's acquisition of Sanyo Special Steel Manufacturing India Private Limited was reported on April 30, 2024. Sanyo Special Steel Co. Ltd., a global manufacturer of steel products, has received approval from the Competition Commission of India (CCI) to acquire a 15.43% shareholding in Sanyo Special Steel Manufacturing India Private Limited from Mitsui & Co. Ltd. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Sanyo Special Steel Manufacturing India Private Limited do?

Sanyo Special Steel Manufacturing India Private Limited (SSMI) is actively engaged in the market for manufacturing forged products, hot rolled products, and cast products. It is privately held, operating in Manufacturing, and is based in Khopoli.

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