Buys remaining 40% stake in Ratnamani Trade EU AG for EUR 400,000
Ratnamani Metals & Tubes Limited (RMTL), one of India’s leading manufacturers of stainless steel and carbon steel pipes and tubes, has announced the acquisition of the remaining 40% stake in its Swiss subsidiary, Ratnamani Trade EU AG, from Technoenergy AG for EUR 400,000. With this transaction, Ratnamani Trade EU AG becomes a wholly owned subsidiary of RMTL.
Acquisition Details
- Date of Agreement: September 6, 2025
- Seller: Technoenergy AG, Switzerland
- Stake Acquired: 40,000 shares (40% equity)
- Consideration: EUR 400,000
- Completion Timeline: By September 30, 2025
- Transaction Type: Related Party Transaction (as Technoenergy AG holds 49% in another RMTL subsidiary)
This acquisition follows RMTL’s earlier 60% ownership in Ratnamani Trade EU AG, consolidating its full control over the European trading arm.
About Ratnamani Trade EU AG
- Incorporation Date: December 14, 2023
- Business Role: Exclusive trading house for importing and distributing stainless steel products manufactured by RMTL in Europe.
- Performance Highlights:
- FY 2024-25 Turnover: EUR 86.33 million
- Q1 FY 2025-26 Turnover (till June 30, 2025): EUR 26.62 million
The strong financial performance within a short period reflects the growing demand for RMTL’s stainless steel products in the European market.
Strategic Rationale
The acquisition of the remaining stake aligns with RMTL’s broader strategy to deepen its footprint in the European market. With complete ownership, the company can:
- Exercise greater operational control over the subsidiary.
- Enhance customer service capabilities by aligning sales and distribution directly with manufacturing.
- Streamline supply chain efficiencies for European clients.
- Strengthen its brand presence and market leadership in Europe.
Outlook
This transaction marks a significant step for Ratnamani Metals in consolidating its international operations. With Europe being a major market for high-quality stainless steel products, full ownership of Ratnamani Trade EU AG is expected to accelerate growth, improve margins, and solidify long-term customer relationships.
As the global demand for stainless steel continues to rise, particularly in infrastructure, automotive, and industrial applications, Ratnamani Metals is strategically positioning itself to capture a larger share of the European market.
Disclaimer:
This article is intended solely for educational and informational purposes. The securities or companies mentioned are provided as examples and should not be considered as recommendations. Nothing contained herein constitutes personal financial advice or investment recommendations. Readers are advised to conduct their own research and consult a qualified financial advisor before making any investment decisions.
Investments in securities markets are subject to market risks. Please read all related documents carefully before investing.