JV/AcquisitionAcquisition
Nibe Limited is acquiring the remaining 48.95% stake in Nibe Meson Naval Limited from Quest Flow Controls Limited at ₹10 per share.
NIBE LimitedNIBE · Filed with the exchange
This strategic move aims to secure full management control and enhance decision-making flexibility over the target.
Nibe Meson Naval operates in the Defence sector, specializing in manufacturing fluid control equipment like valves and actuators.
While the acquired entity reported a net loss of ₹0.125 Cr in FY25, this acquisition strengthens Nibe's defence portfolio through complete operational integration.
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