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Nithia Capital-backed Amalgam Steel completed the acquisition of Crest Steel & Power for $80m.

Synopsis

Nithia Capital-backed Amalgam Steel, a steel manufacturer, completed the acquisition of Crest Steel & Power, an integrated steel plant for $80m. “With our newly forged partnership with Amalgam Steel, we believe Crest will soon achieve a successful turnaround and is well set on its planned growth programme,” Jai Saraf, Nithia Capital Founder.

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