HOME > MARKETS > COMPANY NEWS
  COMPANY NEWS
COMPANY
Sandhar Technologies’ arm acquires Aluminium die casting business of Sundaram-Clayton
Apr-02-2025

Sandhar Technologies’ wholly-owned subsidiary -- Sandhar Ascast has successfully acquired the high pressure and low pressure Aluminium die casting business of Sundaram-Clayton (SCL) (at its Hosur Plant), a prominent player in the sector. This acquisition represents a pivotal expansion of Sandhar Ascast's operations, positioning it to leverage substantial growth opportunities in the upcoming Financial years. The acquisition is being made via all-cash deal valued at Rs 163 crore, subject to adjustments as per the terms outlined in the Business Transfer Agreement at the time of deal closure.

The acquisition of SCL’s Aluminium die casting business at its Hosur Plant underscores Sandhar’s commitment to advancing in allied automotive sectors and reinforcing its global leadership. This strategic move enables Sandhar to scale the segment into a standalone vertical, creating synergies between both companies by combining SCL’s legacy with Sandhar’s manufacturing excellence. The acquisition will drive growth, expand the customer base, and diversify the product portfolio.

As a longstanding leader in the High Pressure Die Casting (HPDC) sector, Sandhar is now strategically broadening its reach. While the company has deep expertise in HPDC, this acquisition marks its entry into the Low Pressure Die Casting (LPDC) market, a new segment that will further diversify its operations and position it to quickly emerge as a key player in LPDC. Additionally, the acquisition enhances Sandhar’s capabilities in the HPDC market by enabling the use of higher tonnage machines (above 800T). It also expands the product portfolio to include essential components such as cylinder heads, manifolds, and housings, vital in both automotive and industrial applications.

Sandhar Technologies has established itself as manufacturer of automobile accessories, safety locks, door hardware etc.  


  RELATED NEWS >>