# Raghu Vamsi Group acquires UK precision machining firm PMC Group

Hyderabad-based Raghu Vamsi Group has acquired British precision machining firm PMC Group from Pressure Technologies for an initial enterprise value of £6.2 million. PMC Group specializes in components for the oil and gas industry.

- Type: Acquisition
- Announced: 2024-11-11
- Where: United Kingdom
- Value: $7.90M (6.20M GBP)
- Status: completed
- Products: high-precision engineering components, subsea flow control components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [PMC Group](https://endata.com/companies/995.md) (target)
- [Pressure Technologies](https://endata.com/companies/5649.md) (partner)
- [Raghu Vamsi](https://endata.com/companies/56806.md) (acquirer)

## Sources

- [thehindu.com](https://www.thehindu.com/news/cities/Hyderabad/hyderabad-based-raghu-vamsi-group-acquires-british-precision-machining-firm-pmc-group/article68855066.ece), 2024-11-11: "The acquisition will propel Raghu Vamsi Group, which predominantly is focused on the aerospace and defence industry and counts among its customers several global OEMs, to enhance its global footprint and expand capabilities."
- [mnacritique.mergersindia.com](https://mnacritique.mergersindia.com/news/raghu-vamsi-group-acquires-uk-based-pmc-group/), 2024-11-14: "Hyderabad based Raghu Vamsi Group, a Tier One manufacturer of high precision and hi-critical components, sub-assemblies, and systems for global OEMs like Boeing, GE Aviation, Honeywell, Rolls Royce, Collins Aerospace, Halliburton, Eaton, Cytiva etc. Celebrated its successful 100% acquisition of PMC "

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