Tega Industries and Apollo Funds to acquire Molycop for $1.5B
Tega Industries, in consortium with Apollo Funds, entered into a term sheet to acquire Molycop, a global supplier of grinding media for mining, from American Industrial Partners at an enterprise value of approximately $1.5 billion.
Productsgrinding media for mining
“This strategic, complementary acquisition will establish Tega Industries as one of the world's leading designers and manufacturers of critical-to-operate consumables”business-standard.com
- 6 sources
- business-standard.comTega and Apollo Funds consortium to acquire Molycop | Capital Market News - Business StandardCapital MarketSep 11, 2025
- economictimes.indiatimes.comTega Industries and Apollo Funds to buy Molycop for $1.5 bn - The Economic TimesSep 11, 2025
- mnacritique.mergersindia.comTega Industries and Apollo Funds to buy Molycop for $1.5 bn | M&A CritiquemnacritiqueSep 12, 2025
- thehindubusinessline.comMolycop acquisition: Tega’s board approves raising upto ₹4,000 crore in combination of equity and debt - The HinduBusinessLineMithun DasguptaSep 13, 2025
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