# Mahindra & Mahindra and ICICI Venture acquire Metalcastello

A consortium of Mahindra & Mahindra and ICICI Venture signed a definitive agreement to acquire 100% of Metalcastello S.p.A, an Italian independent gear manufacturer.

- Type: Acquisition
- Announced: 2022-06-23
- Where: Italy
- Status: announced
- Products: gears
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Mahindra & Mahindra](https://endata.com/companies/30042.md) (acquirer)
- [ICICI Venture](https://endata.com/companies/63660.md) (acquirer)
- [Metalcastello](https://endata.com/companies/63661.md) (target)

## Sources

- [mahindra.com](https://www.mahindra.com/news-room/press-release/mahindra-and-mahindra-and-icici-venture-consortium-inks-agreement-to-acquire-metalcastello-spa), 2022-06-23: "A consortium of Mahindra & Mahindra Ltd. (M&M) and ICICI Venture Funds Managements Ltd, India’s leading PE player with AUM of over $ 2 billion, has today signed a definitive agreement agreeing to acquire 100% stake in Metalcastello S.p.A."

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