Unimech Aerospace and Manufacturing Teams Up for Investment in Hobel Bellows
Unimech Aerospace and Manufacturing Limited, along with its Wholly Owned Subsidiary Innomech Aerospace Toolings Private Limited, has approved a major investment of up to ₹ 450 cr for the acquisition of interest in Hobel Bellows Co., through Hobel Bellows Private Limited.The strategic move involves a staggered acquisition structure. Unimech Aerospace and Manufacturing Limited and Innomech Aerospace Toolings Private Limited will acquire an initial stake of 24% and 76%, respectively, in Hobel Bellows Private limited. Subsequently, Hobel Bellows Private limited will acquire 99.99% of the partnership interest in Hobel Bellows Co.
Strategic Rationale and Target Profile
The entity being acquired, Hobel Bellows Co., was registered on April 4, 2007. Its subsidiary, Hobel Bellows Private Limited, was incorporated on January 9, 2026. The core business involves the manufacture of metallic bellows, flexible tubing assemblies, and expansion joints. These products are utilized in high horsepower diesel engines, locomotives, marine engines, power generation units, and other industrial applications.For Unimech Aerospace and Manufacturing Limited, which specializes in precision machined components for the aerospace and energy sectors, the acquisition represents a natural adjacency within the precision manufacturing value chain. This capability will enable the company to advance from supplying only machined components to supplying engineered assemblies. Furthermore, the acquisition provides access to advanced manufacturing technologies, including hydroforming, thin-wall metal forming, high temperature alloy processing, precision TIG welding, multi-layer metal forming, and fatigue/leak testing.
Transaction and Ownership Details
The total cost of the acquisition is structured as a combination of equity shares, loan, and Compulsorily Convertible Debentures (CCDs), totaling ₹ 450.00 Cr. The consideration will be paid in cash in one or more tranches. Both the Equity Shares and CCDs, priced at Rs. 10/- each, will be issued at Par.The ownership stakes within Hobel Bellows Private Limited will be divided between the two entities:
| Shareholder | Percentage of Shareholding |
|---|---|
| Unimech Aerospace and Manufacturing Limited | 24% |
| Innomech Aerospace Toolings Private Limited | 76% |
| Total | 100% |
The acquisition does not involve related party transactions, and none of the promoter or promoter group/group companies have an existing interest in the acquired entity.
Company Financial Snapshot
The financial details for the target entity and its associated operational history show strong revenue generation in the past three years:| Financial Period | Turnover of Hobel Bellows Co. (INR Cr) |
|---|---|
| FY2025-26 | 123.74 |
| FY 2024-25 | 117.25 |
| FY 2023-24 | 100.99 |
Unimech Aerospace and Manufacturing Limited is located in Hitech Defense and Aerospace Park Industrial Area, Arebinnamangala Village, Bengaluru.
UNIMECH Stock Price Movement
Today, Unimech Aerospace and Manufacturing Limited shares gained momentum, closing higher at ₹999.00, marking a robust 5.35% increase for the trading day. The equity saw considerable investor interest, recording a total volume of 161,396 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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