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MERGER ANNOUNCEMENT: KADIMI GROUP

By Eurasia , 2022-02-10 11:01:45

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Kadimi Group is pleased to announce the merger of its 2 manufacturing companies; Kadimi Tool & Kadimi Special Steels. The new merged entity is called Kadimi Tool Manufacturing Company Pvt. Ltd.

In 2019 Kadimi had purchased the stakes of its joint venture partners - JFE Steel, Japan  and Nakagawa Special Steel, Japan  in Kadimi Special Steel Pvt. Ltd.

In 2020 Kadimi purchased 50 % stake of PCC in the joint venture company Kadimi Tool.

This merger will improve operational efficiencies. In addition, it will allow both companies to tap into the sales network of each other.

 Kadimi is preparing for the next stage of growth.


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