Acquisition History / Rama Steel Tubes Ltd (jointly) / Automech Group Holding Limited
Rama Steel Tubes Ltd (jointly) Acquires Automech Group Holding Limited
Announced December 11, 2025 — $80.5M
What happened
Automech Group Holding is a company registered in the Abu Dhabi Global Market. Rama Steel Tubes' board agreed to jointly acquire 100% of the company at a cost of AED 296 million, satisfied through a share issuance at a ratio to be set by an independent valuer.
- Acquirer
- Rama Steel Tubes Ltd (jointly)
- Target
- Automech Group Holding Limited
- Announced
- December 11, 2025
- Price
- $80.5M
- Industry
- Steel products
- Buyer type
- Strategic acquirer
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Rama Steel Tubes Ltd (jointly) acquire Automech Group Holding Limited?
Rama Steel Tubes Ltd (jointly) acquired Automech Group Holding Limited on December 11, 2025. This was Rama Steel Tubes Ltd (jointly)'s 1st publicly tracked acquisition out of 1 we have on record.
How much did Rama Steel Tubes Ltd (jointly) pay for Automech Group Holding Limited?
Rama Steel Tubes Ltd (jointly) paid $80.5M for Automech Group Holding Limited.
What does Automech Group Holding Limited do?
Automech Group Holding is a company registered in the Abu Dhabi Global Market. Rama Steel Tubes' board agreed to jointly acquire 100% of the company at a cost of AED 296 million, satisfied through a share issuance at a ratio to be set by an independent valuer.
What other Steel products companies has Rama Steel Tubes Ltd (jointly) acquired?
Automech Group Holding Limited is Rama Steel Tubes Ltd (jointly)'s only publicly tracked acquisition in Steel products so far.