Tega Industries Limited — JV/Acquisition, 10-09-2025: Acquisition

Tega Industries is set to acquire Molycop, a global leader in grinding media for the mining industry. The deal is valued at an estimated upfront enterprise value of INR 13,002 Cr, with a potential contingent payment of another INR 1,054 Cr. Tega will hold a controlling 77% stake in the acquired entity. This strategic move creates a comprehensive solutions provider in mining consumables, significantly expanding Tega's product portfolio, global manufacturing footprint (26 sites), and R&D capabilities. The acquisition transforms Tega into a market leader, boosting its combined FY25 revenue to ~INR 15,207 Cr and EBITDA to ~INR 1,906 Cr through strong synergies.