# Press Metal Aluminium to acquire additional 35.6% stake in PMB Technology

Press Metal Aluminium Holdings Bhd announced the acquisition of an additional 35.6% stake in PMB Technology Bhd, raising its stake to 58.8% and making it a subsidiary. The acquisition is expected to be completed in Q3 of fiscal year 2026.

- Type: Acquisition
- Announced: 2026-08-03
- Where: Malaysia
- Status: announced
- Products: silicon-aluminium alloy products, electric vehicle motor housings, engine blocks
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Press Metal Aluminium Holdings](https://endata.com/companies/15797.md) (acquirer)
- [PMB Technology Bhd](https://endata.com/companies/70413.md) (target)

## Sources

- [revamp.nst.com.my](https://revamp.nst.com.my/business/corporate/2026/08/1503780/press-metal-acquisition-boosts-downstream-expansion), 2026-08-04: "Press Metal Aluminium Holdings Bhd's acquisition of an additional 35.6 per cent stake in PMB Technology Bhd could strengthen its downstream expansion strategy by providing greater access to sustainable energy supply."

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