Usha Martin's Thai subsidiary to acquire 50% stake in Tesac Usha Wirerope

Usha Siam Steel Industries Public Company Ltd, a subsidiary of Usha Martin in Thailand, signed an agreement to acquire a 50% stake in Tesac Usha Wirerope Company Ltd from Kobelco Wire Company Ltd for 74.45 million baht. The deal is expected to close by January 31, 2024.

“Usha Siam Steel Industries Public Company Ltd, the subsidiary of Usha Martin in Thailand, has signed an agreement to acquire a 50 percent stake in Tesac Usha Wirerope Company Ltd.”wireworld.com

• 1 source
• wireworld.comUsha Martin's Thai Subsidiary To Aquire Half Of Tesac Usha WireropeJan 16, 2024

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