# Tega Industries to acquire Molycop for $1.45 billion

Tega Industries has entered into a definitive agreement to acquire Molycop, a leading global supplier of grinding media, from American Industrial Partners and Apollo Global Management, at an enterprise value of approximately $1.45 billion. The transaction is subject to regulatory approvals.

- Type: Acquisition
- Announced: 2025-11-28
- Value: $1.45B
- Status: announced
- Products: grinding media, grinding balls, mill liners, screening consumables
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md), [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Apollo Global Management](https://endata.com/companies/3851.md) (investor)
- [American Industrial Partners](https://endata.com/companies/7612.md) (partner)
- [Tega Industries](https://endata.com/companies/65906.md) (acquirer)
- [Molycop](https://endata.com/companies/66415.md) (target)

## Sources

- [im-mining.com](https://im-mining.com/2025/11/29/indias-tega-industries-to-acquire-grinding-ball-major-molycop/), 2025-11-29: "This acquisition will mark a significant milestone in Tega's corporate journey, transitioning from an Indian enterprise with a robust international footprint into one of India's leading innovation-driven MNC and a significant global player."
- [molycop.com](https://www.molycop.com/information-hub/news/tega-industries-signs-agreement-to-acquire-molycop), 2025-12-04: "On 28 November 2025, Tega Industries – alongside funds managed by Apollo Global Management – signed a Share Purchase Agreement with American Industrial Partners to acquire Molycop."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.