# Ramkrishna Forgings to acquire Multitech Auto and Mal Metalliks for ₹205 crore

Ramkrishna Forgings Ltd has approved an investment of around ₹205 crore to acquire Multitech Auto Private Ltd and its wholly-owned subsidiary Mal Metalliks, which have a capacity to manufacture 21,600 mt per annum of machined SG & CI castings.

- Type: Acquisition
- Announced: 2023-07-21
- Where: India
- Value: $25.0M (2.05B INR)
- Status: announced
- Capacity: 21,600 mt per annum
- Products: machined SG & CI castings, bar draw facility
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Ramkrishna Forgings](https://endata.com/companies/58391.md) (acquirer)
- [Multitech Auto Private Ltd](https://endata.com/companies/71573.md) (target)
- [Mal Metalliks](https://endata.com/companies/71574.md) (target)

## Sources

- [thehindubusinessline.com](https://www.thehindubusinessline.com/companies/ramkrishna-forgings-to-acquire-multitech-auto-mal-metalliks-for-205-crore/article67106052.ece), 2023-07-21: "The strategic acquisition of Multitech Auto and Mal Metalliks marks a significant milestone in our efforts to fortify our market position and diversify our product offerings."

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