◂ Announcements

Sep 26, 2022ACQUISITIONIndia

Forbes Company approves demerger of precision tools business

The Board of Forbes Company approved a scheme of arrangement to demerge its business into Forbes Precision Tools and Machine Parts, creating a separate resulting company.

Status

Announced

Productsprecision toolsmachine parts

CompaniesForbes Company Forbes Precision Tools and Machine Parts target

Sectors#Industrial Machinery

“The Board of Forbes Company at its meeting held on 26 September 2022 has approved the Scheme of Arrangement between Forbes Company and Forbes Precision Tools and Machine Parts.”indiainfoline.com

1 source
indiainfoline.comBoard of Forbes Company approves scheme of arrangementSep 29, 2022

Summarized from public sources; check the original articles before acting on it.

Similar announcements

May 12, 2026ACQUISITIONIndia
CCI approves Thriveni Earthmovers' stake acquisition in Lloyds Engineering Works and merger
Thriveni Earthmovers acquirer Lloyds Engineering Works Limited target pib.gov.in indianewsdiary.com newsage.in
May 9, 2026ACQUISITIONIndia
Isgec Heavy Engineering sells 25% stake in boiler JV to Sumitomo SHI FW
ISGEC Heavy Engineering Sumitomo SHI FW Energia Oy acquirer chinimandi.com
Apr 30, 2026ACQUISITIONIndia
ACE transfers heavy cranes business to 50:50 JV with KATO Works
Action Construction Equipment Kato Works partner whalesbook.com
Apr 28, 2026ACQUISITIONIndia
TIL Limited acquires majority stake in Tulip Compression Private Limited
TIL Limited acquirer Tulip Compression Private Limited target mondaq.com
Apr 23, 2026ACQUISITIONIndia$265.0M
Innomotics to acquire Siemens Ltd's LV motor business for ₹2,200 crore
Siemens target Innomotics acquirer manufacturing.economictimes.indiatimes.com
Apr 22, 2026ACQUISITIONVisakhapatnam, Andhra Pradesh, India$54.0M
Unimech Aerospace to acquire Hobel Bellows
Unimech Aerospace and Manufacturing Ltd acquirer Hobel Bellows target economictimes.indiatimes.com marketscreener.com thedealmatter.com

Loading…