GMM Pfaudler Ltd through its wholly owned subsidiary Pfaudler Ltda., Brazil has entered into an agreement on July 3, 2025 (Brasilia Time), to acquire 100% share capital of SEMCO Tecnologia em Processos Ltda., Brazil ('SEMCO').
The acquisition price is USD 18.5 million (~INR 158 crores) on a cash and debt free basis. The transaction will be funded through internal accruals and debt.
The addition of SEMCO will strengthen GMM Pfaudler's Mixing technologies platform and give access to the rapidly growing markets in South America.
Founded in 1953, SEMCO has over 40 years of experience in industrial mixing and related processes. Headquartered in São Paulo, Brazil, SEMCO has a proven track record of innovation, supported by an internal R&D and Test Centre serving a wide range of industrial applications, including metals & minerals, renewable fuels, water & wastewater treatment, chemical and petrochemical, among others.
Mr. Tarak Patel, Managing Director said, "The acquisition of SEMCO strengthens our Mixing Technologies platform and provides us with direct access to the fast-growing mining sector in Brazil. This strategic move will enhance our global presence by adding products, technologies, and process know-how to our portfolio. We are excited to welcome SEMCO to the GMM Pfaudler family."
Rodrigo C. Franceschini, CEO of SEMCO said, "We are thrilled to join the GMM Pfaudler group and gain access to the Company's extensive product portfolio and well-established global sales network. By leveraging our combined strengths, we aim to provide innovative, industry-leading solutions to our customers in Brazil, South America, and beyond."
Shares of GMM Pfaudler Limited was last trading in BSE at Rs. 1241.00 as compared to the previous close of Rs. 1216.55. The total number of shares traded during the day was 5139 in over 705 trades.
The stock hit an intraday high of Rs. 1271.00 and intraday low of 1191.00. The net turnover during the day was Rs. 6372744.00.