Windsor Machines completes Rs 42 Cr acquisition of Unitech Workholding, now wholly owned unit
WINDMACHIN · price
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Windsor Machines has completed acquiring 100% of Unitech Workholding Systems for Rs 42 crore (Rs 17 cr cash plus Rs 25 cr via share swap of 7.37 lakh shares at Rs 338.90). Unitech is now a wholly owned subsidiary. It makes modular clamping, fixtures and CNC-VMC machines with FY25 revenue of Rs 15.20 crore. Deal aims to offer tooled solutions as a package, boosting market presence.
Expands into fixtures and tooling. Unitech becomes wholly owned subsidiary. Share swap component causes minor dilution.