Ammann Group completed the acquisition of a 30% stake in Gujarat Apollo Industries for $26m.

Synopsis

Ammann Group, a mechanical engineering company, completed the acquisition of a 30% stake in Gujarat Apollo Industries, a company offering a range of road construction and maintenance equipments, for $26m.

Principals

target

Gujarat Apollo Industries

bidder

Ammann Group

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Market Context

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Bidder Team (3)

anil patel

Founder at AMMANN GROUP

Manager

bidder

Deal

£ 20 M

Total Value

kabir rikhy

Vice President at KPMG

Financial Advisor

bidder

Deal

£ 20 M

Total Value

chintan patel

Partner at KPMG

Financial Advisor

bidder

Deals

£ 36 M

Total Value

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