# Fairfax India to acquire 65% of Global Aluminium for $83M

Fairfax India Holdings Corporation entered into an agreement to invest INR 6,955 million (approximately $83 million) for a 65.0% interest in Global Aluminium Private Limited, the third-largest aluminum extrusions manufacturer in India. The transaction is expected to close in Q4 2024.

- Type: Acquisition
- Announced: 2024-09-06
- Where: Hyderabad, India
- Value: $83.0M
- Status: announced
- Products: aluminum extrusions, anodized aluminum products, powder-coated aluminum products
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Fairfax India Holdings Corporation](https://endata.com/companies/79674.md) (acquirer)
- [Global Aluminium Private Limited](https://endata.com/companies/79675.md) (target)

## Sources

- [fairfaxindia.ca](https://www.fairfaxindia.ca/press-releases/fairfax-india-to-acquire-65-of-global-aluminium-private-limited-2024-09-06/), 2024-09-06: "Fairfax India Holdings Corporation announces that, through its wholly-owned subsidiary, it has entered into an agreement to invest INR 6,955 million (approximately $83 million at current exchange rates) for a 65.0% interest in Global Aluminium Private Limited."

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