Unimech Aerospace and Manufacturing has acquired 24% shareholding in the Hobel Bellows (Target Company). The company’s wholly owned subsidiary -- Innomech Aerospace Toolings has acquired 76% shareholding in the Target Company, thereby making the Target Company a subsidiary of Innomech Aerospace Toolings and a step?down subsidiary of the Unimech Aerospace and Manufacturing being its ultimate holding company.
The acquisition has been completed in accordance with the terms and conditions set out in the definitive agreements.
Unimech Aerospace and Manufacturing is a high-precision engineering solutions company specialising in complex manufacturing solutions for the aerospace, defence, energy and semiconductor industries.
