# Deleum to acquire 70% of Indonesia's PT OSA Industries for $7M

Deleum Bhd's subsidiary signed a share purchase agreement to acquire a 70% stake in PT OSA Industries Indonesia, a valve distributor and Baker Hughes valve channel partner, for US$7 million.

- Type: Acquisition
- Announced: 2024-05-12
- Where: Indonesia, Indonesia
- Value: $7.00M
- Status: announced
- Products: valves
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Baker Hughes](https://endata.com/companies/1895.md) (partner)
- [Deleum](https://endata.com/companies/11849.md) (acquirer)
- [PT OSA Industries Indonesia](https://endata.com/companies/11850.md) (target)

## Sources

- [bernama.com](https://bernama.com/lite/news.php?id=2371368), 2024-05-12: "Deleum's wholly-owned subsidiary, Deleum Services Sdn Bhd, today has signed a share purchase agreement to acquire a 70 per cent stake in PT OSA Industries Indonesia Pte Ltd"

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