# Mahindra & Mahindra's Farm Equipment Sector acquires full stake in MITRA Agro Equipments

Mahindra & Mahindra's Farm Equipment Sector increased its shareholding in MITRA Agro Equipments from 47.33% to 100%, making it a wholly owned subsidiary. The acquisition was completed on March 20, 2023.

- Type: Acquisition
- Announced: 2023-03-20
- Where: India
- Status: completed
- Products: farm machinery, agro equipments
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Mahindra & Mahindra](https://endata.com/companies/30042.md) (acquirer)
- [MITRA Agro Equipments](https://endata.com/companies/69213.md) (target)
- [Omnivore](https://endata.com/companies/69214.md) (investor)

## Sources

- [navjeevanexpress.com](https://navjeevanexpress.com/mahindra-mahindras-farm-equipment-sector-buys-100-stake-in-mitra-agro-equipments/), 2023-03-20: "Mahindra & Mahindra Ltd.'s Farm Equipment Sector (FES) on Monday completed the acquisition of MITRA Agro Equipments Private Limited (M.I.T.R.A) by increasing its shareholding from the existing 47.33% to 100%."

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