The deal enhances Bharat Forge’s position in both traditional and new mobility platforms, expanding its product solutions portfolio to OEMs globally.
Auto components and defence manufacturing company Bharat Forge Limited said on Wednesday (2 July 2025)it has completed acquisition of AAM India Manufacturing Private Limited (AAM India) at an Equity Value of Rs 7,464.6 million including Cash on books of the acquired entity of Rs 1,894.8 million.
This cash is available for addressing future growth opportunities, the company said.Bharat Forge had announced the plans for this acquisition on 17 October 2024 and has eventually received approval from CCI on 22 April 2025 for the transaction.
The final equity value is subject to Net Working Capital adjustments as of 30 June 2025 the company said..
“We are acquiring an entity which has a formidable name in the automotive products space supplying to all major OEM across traditional and New Mobility technology. This acquisition will enable us to complement our component offerings with products solutions to OEMs in India & Globally,” the company said.
