Unimech Aerospace and Manufacturing Limited has officially finalized the acquisition of Hobel Bellows Co., a partnership firm, through its subsidiary, Hobel Bellows Private Limited. This strategic transaction, completed on April 27, 2026, involved a comprehensive ownership split. The parent company acquired a 24% stake, while its wholly owned subsidiary, Innomech Aerospace Toolings Private Limited, secured the remaining 76%, successfully transitioning the target firm into a step-down subsidiary within the Unimech group structure.
Completion of Strategic Acquisition
Unimech Aerospace and Manufacturing Limited has confirmed the successful completion of the acquisition process for Hobel Bellows Co., a move that reinforces its manufacturing capabilities. The transaction was finalized on April 27, 2026, following the initial announcement made just days prior. The company has confirmed that the full financial consideration has been paid and settled within the previously established timeline.
New Corporate Structure
Following the conclusion of this deal, the ownership of the target company has been distributed across the Unimech group. The structure is as follows:
- Unimech Aerospace and Manufacturing Limited: Holds a 24% direct equity stake.
- Innomech Aerospace Toolings Private Limited: Holds the majority 76% equity stake.
As a result of this acquisition, Hobel Bellows Private Limited is now a direct subsidiary of Innomech Aerospace Toolings Private Limited, effectively operating as a step-down subsidiary under the ultimate parent company, Unimech Aerospace and Manufacturing Limited. This integration marks a significant milestone in the company’s expansion strategy for the current fiscal year.
Source: BSE
