Emerald Tyre Manufacturers Acquires Majority Stake in SA Rubber Engineering

Emerald Tyre Manufacturers Ltd has taken a significant step toward expansion by acquiring a controlling 65% stake in SA Rubber Engineering. The investment, valued at up to ₹140 million, reflects Emerald’s strategic focus on diversifying its operations and building stronger capabilities in advanced rubber engineering solutions.

This acquisition is expected to create synergies in production, research, and innovation, enabling Emerald to meet rising demand for sustainable and high-performance tyre technologies. With SA Rubber Engineering’s expertise in specialized rubber components, Emerald aims to broaden its product offerings and strengthen its foothold in both Indian and global markets.

Key Highlights

• Acquisition Details: Emerald Tyre acquires 65% stake in SA Rubber Engineering.
• Investment Size: Up to ₹140 million committed for the transaction.
• Strategic Goal: Diversify operations and enhance rubber engineering capabilities.
• Market Impact: Strengthens competitiveness in domestic and export tyre markets.
• Innovation Focus: Synergies in R&D for sustainable and advanced tyre technologies.
• Growth Outlook: Positioned to capture new opportunities in global automotive supply chains.

Sources: Business Standard, Moneycontrol, Economic Times