Deleum seeks 70% stake in Indonesian valve firm OSA Industries Indonesia for US$7M

Deleum Berhad signed a heads of agreement to acquire a 70% stake in OSA Industries Indonesia, a West Java valve repair and supply company, for US$7 million, valuing the target at US$10 million. Due diligence and definitive agreements are still pending.

“Deleum is seeking to acquire a 70% stake in valves company OSA Industries Indonesia (OSAII) for US$7 million”theedgemalaysia.com

• 1 source
• theedgemalaysia.comDeleum eyes regional growth with US$7 mil acquisitionMar 4, 2024

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