Unimech Aerospace and Manufacturing Limited has informed the Exchange regarding a press release dated April 22, 2026, titled "Unimech Signs Definitive Agreements to Acquire Hobel Bellows to Accelerate Capability Expansion and Drive Long-Term Value".
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Unimech Aerospace and Manufacturing has signed definitive agreements to acquire Hobel Bellows, a specialised Indian manufacturer of metallic bellows, flexible tubing and precision-engineered assemblies based in Visakhapatnam. Hobel Bellows reported provisional revenues of ₹123.7 crore for FY26, with nearly 90% of its business coming from exports to the UK, USA, Singapore and China. The target serves automotive, locomotive, power transmission, water and gas sectors, and operates from an approximately 180,000 sq. ft. ISO and IATF-certified facility. The deal is described as margin-accretive and cash-generative, giving Unimech new capabilities in metal forming, welding and precision engineering. The transaction is subject to standard closing conditions, and no deal value was disclosed in the press release.
The acquisition strengthens Unimech's precision engineering platform by adding high-margin, export-oriented capabilities and a diversified customer base beyond aerospace. For shareholders, this is a capability-led, growth-accretive move, though the absence of deal value and pending closing conditions means the full stock impact will depend on the final price and integration outcomes.