# Deleum acquires 70% stake in Indonesia's PT OSA Industries for USD 7 million

Deleum Berhad's subsidiary Deleum Services signed a share purchase agreement to acquire a 70% stake in PT OSA Industries Indonesia, a valve supplier and maintenance service provider in Indonesia, for USD 7 million on 5 December 2024.

- Type: Acquisition
- Announced: 2024-12-05
- Where: Cikarang, Indonesia
- Value: $7.00M
- Status: completed
- Products: safety and control valves, ball valves, actuators, valve maintenance services
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Deleum Berhad](https://endata.com/companies/11590.md) (acquirer)
- [PT OSA Industries Indonesia](https://endata.com/companies/11850.md) (target)

## Sources

- [deleum.com](https://www.deleum.com/index.php?Itemid=286&id=739&option=com_k2&view=item), 2024-12-05: "The acquisition of a 70% stake in Indonesia based PT OSA Industries Indonesia for USD 7 million."

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