India, July 4 -- GMM Pfaudler Ltd announced that its wholly owned subsidiary, Pfaudler Ltda., Brazil, has signed an agreement on July 3, 2025, to acquire 100% shareholding in SEMCO Tecnologia em Processos Ltda., Brazil (SEMCO). The acquisition, valued at USD 18.5 million (approximately INR 158 crore) on a cash- and debt-free basis, will be funded through a mix of internal accruals and debt.
SEMCO operates in the industrial machinery manufacturing sector. This strategic acquisition will significantly strengthen GMM Pfaudler's mixing technologies platform and expand its presence in the fast-growing South American market.
The transaction does not involve any related party and requires no regulatory approvals. It is expected to be completed i...