# Blackstone to merge Sona BLW Precision Forging with Comstar Automotive Technologies

Private equity firm Blackstone is set to merge Sona BLW Precision Forging with Comstar Automotive Technologies to create a Rs 4,200-crore auto components firm. Blackstone will own 62% of the merged company.

- Type: Acquisition
- Announced: 2019-03-06
- Where: India
- Value: $600.0M (42.0B INR)
- Status: announced
- Products: auto components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Blackstone Group](https://endata.com/companies/2364.md) (investor)
- [Sona BLW Precision Forging](https://endata.com/companies/37803.md) (target)
- [Comstar Automotive Technologies](https://endata.com/companies/37804.md) (target)

## Sources

- [cnbctv18.com](https://www.cnbctv18.com/auto/blackstone-likely-to-merge-sona-blw-with-comstar-says-report-2497671.htm), 2019-03-06: "Private equity firm Blackstone is set to merge Sona BLW Precision Forging with Comstar Automotive Technologies to create a Rs 4,200-crore auto components firm."

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