Jamna Auto Industries Limited has successfully completed the acquisition of 100% of the issued share capital of Owen Springs Limited, a UK-based company. This strategic move, valued at £2,000,000, marks Jamna Auto’s first international presence in the aftermarket segment. The acquisition is expected to strengthen its export business, broaden its product range, and enhance its global market position.
Jamna Auto Industries Completes Major Acquisition
Jamna Auto Industries Limited announced the successful completion of its acquisition of 100% of the issued share capital of Owen Springs Limited. This significant development marks Jamna Auto’s strategic entry into the international aftermarket segment and establishes the UK-based entity as its wholly owned subsidiary.
Strategic Benefits of the Acquisition
The acquisition of Owen Springs Limited is poised to deliver substantial strategic advantages to Jamna Auto Industries:
- International Market Entry: This marks the Company’s first international presence in the aftermarket segment.
- Brand and Platform Integration: It provides access to the established Owen Springs brand, customer relationships, and operating platform within the United Kingdom.
- Business Expansion: The acquisition will strengthen Jamna Auto’s export business in the aftermarket segment, enable a broader product range including allied products, and support international growth for the JAI brand.
Deal Details
The transaction, completed on September 1, 2026, involved a cash consideration of £2,000,000, subject to adjustments to net current assets. Owen Springs Limited, incorporated on July 28, 2004, is engaged in the manufacturing and trading of leaf and parabolic springs and other allied products. For the calendar year ended December 31, 2025, the company reported revenues of £2,760 thousand and a Profit After Tax (PAT) of £132 thousand with a net worth of £1,041 thousand.
The company’s reported revenues for the past three years were: £3,854 thousand in 2023, £3,165 thousand in 2024, and £2,760 thousand in 2025.
Source: BSE
