# Pantech Group acquires Nautic Steels for RM45M

Pantech Group Holdings Bhd agreed to acquire UK-based Nautic Steels (Holdings) Ltd and its subsidiary Nautic Steel Ltd for a maximum of £9.5 million (RM45 million). The acquisition will strengthen Pantech's capabilities in special metals for the marine oil industry.

- Type: Acquisition
- Announced: 2026-11-09
- Where: United Kingdom
- Value: $10.7M (45.0M MYR)
- Status: announced
- Products: tube and pipe fittings for special metals, duplex stainless steel, copper nickel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Pantech Group Holdings Bhd](https://endata.com/companies/95383.md) (acquirer)
- [Nautic Steels (Holdings) Ltd](https://endata.com/companies/95384.md) (target)
- [Nautic Steel Ltd](https://endata.com/companies/95385.md) (target)

## Sources

- [theedgemalaysia.com](https://theedgemalaysia.com/article/pantech-buys-uk-based-company-rm45m), 2026-11-09: "The acquisition will allow Pantech to strengthen its prospects in this area of business and enable it to grow its regional presence and expand its activities."

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