Acquisition History / Bharat Forge Ltd / AAM India Manufacturing Corporation Pvt Ltd
Bharat Forge Ltd Acquires AAM India Manufacturing Corporation Pvt Ltd
Announced July 2, 2025 — $84.3M
What happened
Bharat Forge acquired 100% of AAM India Manufacturing at an equity value of Rs 746.46 crore, subject to working capital adjustments. AAM India makes axles for light, medium and heavy commercial vehicles from plants in Pune and Chennai plus an engineering centre in Pune, and carried Rs 189.48 crore of cash. The CCI had cleared the deal ahead of closing.
- Acquirer
- Bharat Forge Ltd
- Target
- AAM India Manufacturing Corporation Pvt Ltd
- Announced
- July 2, 2025
- Price
- $84.3M
- Industry
- Commercial vehicle axles
- Buyer type
- Strategic acquirer
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Bharat Forge Ltd acquire AAM India Manufacturing Corporation Pvt Ltd?
Bharat Forge Ltd acquired AAM India Manufacturing Corporation Pvt Ltd on July 2, 2025. This was Bharat Forge Ltd's 1st publicly tracked acquisition out of 1 we have on record.
How much did Bharat Forge Ltd pay for AAM India Manufacturing Corporation Pvt Ltd?
Bharat Forge Ltd paid $84.3M for AAM India Manufacturing Corporation Pvt Ltd.
What does AAM India Manufacturing Corporation Pvt Ltd do?
Bharat Forge acquired 100% of AAM India Manufacturing at an equity value of Rs 746.46 crore, subject to working capital adjustments. AAM India makes axles for light, medium and heavy commercial vehicles from plants in Pune and Chennai plus an engineering centre in Pune, and carried Rs 189.48 crore of cash. The CCI had cleared the deal ahead of closing.
What other Commercial vehicle axles companies has Bharat Forge Ltd acquired?
AAM India Manufacturing Corporation Pvt Ltd is Bharat Forge Ltd's only publicly tracked acquisition in Commercial vehicle axles so far.