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Tega, Apollo to buy Molycop in $1.5 bn deal
September 11, 2025
|Business Standard
Kolkata-based Tega Industries Ltd, in consortium with funds managed by affiliates of Apollo Global Management, has signed a term sheet to acquire Molycop from American Industrial Partners (AIP) at an enterprise value of about $1.5 billion.
The deal marks a milestone in BSE-listed Tega's 50th anniversary year, and will establish the mining company as one of the world's largest suppliers of "critical-to-operate" consumables used in mining, mineral processing, and material handling. Together, Tega and Molycop reported $1.73 billion (₹15,207 crore) in revenue and ₹217 million (₹1,906 crore) in Ebitda in 2024-25 (FY25). Ebitda stands for earnings before interest, taxes, depreciation, and amortisation.
هذه القصة من طبعة September 11, 2025 من Business Standard.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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