# Conmat Group acquires full control of KYB-Conmat

Conmat Group acquired 100% stake in KYB Conmat by buying back a 51% stake from joint venture partner KYB Corporation. The company is valued at Rs 3.3 billion.

- Type: Acquisition
- Announced: 2025-03-05
- Where: India
- Status: completed
- Products: batching plants, paving machines, transit mixers, concrete pumps, self-loading mixers
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [KYB](https://endata.com/companies/31679.md) (partner)
- [Conmat Group](https://endata.com/companies/83014.md) (acquirer)
- [KYB Conmat Private Limited](https://endata.com/companies/83015.md) (target)

## Sources

- [constructionworld.in](https://www.constructionworld.in/heavy-construction-equipment/conmat-group-acquires-100-stake-in-kyb-conmat/69870), 2025-03-05: "Conmat Group, led by first-generation technopreneur Premraj Keshyep, has successfully acquired full control of KYB Conmat, a leading player in the concrete equipment sector, valued at Rs 3.3 billion."

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