# Interpump Group acquires 85% of Indoshell Automotive System India

Interpump Group announced the acquisition of 85% of Indoshell Automotive System India P.L. share capital, a foundry specializing in cast iron castings. The deal value is approximately €8 million, with put and call mechanisms for the remaining 15% starting April 2027.

- Type: Acquisition
- Announced: 2023-03-07
- Where: India
- Value: $8.50M (8.00M EUR)
- Status: announced
- Capacity: 8000 tons per year
- Products: cast iron castings
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Interpump Group](https://endata.com/companies/870.md) (acquirer)
- [Indoshell Automotive System India](https://endata.com/companies/68990.md) (target)
- [Indoshell Mould Limited](https://endata.com/companies/68991.md) (partner)

## Sources

- [foundry-planet.com](https://www.foundry-planet.com/d/interpump-acquires-indoshell-automotive-system-india/), 2023-03-07: "Through this acquisition, the Group enhances its autonomy and sourcing capacity for casting, fundamental in the “valve” sector and important for many other operating sectors of the Group."

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