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Bharat Forge completes acquisition of AAM India Manufacturing

02 Jul 2025 Evaluate

Bharat Forge has successfully concluded the acquisition of AAM India Manufacturing (AAM India) at an Equity Value of Rs 746.46 crore including Cash on books of the acquired entity of Rs 189.48 crore. This cash is available for addressing future growth opportunities. The final equity value is subject to Net Working Capital adjustments as of June 30, 2025.  

The company is acquiring an entity which has a formidable name in the automotive products space supplying to all major OEM across traditional and New Mobility technology. This acquisition will enable it to complement its component offerings with products solutions to OEMs in India & Globally.

Bharat Forge is engaged in manufacturing of close die and open die forging, crankshafts, front axle beams, steering knuckle, connecting rods, rocker arm and many more components.


Peers
Company Name CMP
Bharat Forge 1928.90
Ramkrishna Forgings 714.30
MM Forgings 627.05
Happy Forgings 2152.25
Balu Forge Inds. 527.90
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