Sandur Manganese & Iron Ores Limited completes acquisition of Arjas Steel Private Limited to transition to an integrated metals mining company
Nov 15, 2024•9 months ago
Acquiring Company
Sandur Manganese and Iron Ores
Acquired Company
Arjas Steel
BengaluruBengaluruMineralPrecious MetalsMiningManufacturingMiningDescription
The Sandur Manganese & Iron Ores Limited has successfully completed the strategic business acquisition of Arjas Steel Private Limited. This milestone transaction marks a significant step in SMIORE's evolution from a mining company to an integrated metals and mining powerhouse.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed