Springform Technology to Acquire Inertia Aluminium in Full Equity Buyout

Springform Technology Ltd. has announced its decision to acquire 100% equity in Inertia Aluminium Private Limited, marking a strategic shift toward expanding its footprint in the industrial materials and manufacturing space. The acquisition was approved by the company’s Board under SEBI’s Regulation 30 disclosure norms.

 

Key highlights of the acquisition:

 

The deal involves a complete buyout of Inertia Aluminium’s equity shares, positioning Springform as the sole owner of the company.

Inertia Aluminium specializes in precision aluminium components and extrusion-based solutions, catering to automotive, aerospace, and electronics sectors.

The acquisition is expected to enhance Springform’s product portfolio and open new revenue streams through backward integration and material innovation.

 

Strategic rationale:

Springform Technology, traditionally focused on IT and software services, is diversifying into high-margin manufacturing verticals to offset volatility in its core business.

The move aligns with India’s Make in India initiative and the growing demand for lightweight, durable materials in industrial applications.

Inertia Aluminium’s existing client base and manufacturing capabilities will be leveraged to scale operations and improve cost efficiencies.

 

Operational impact:

The transaction will be funded through internal accruals and strategic debt, with no immediate dilution of Springform’s equity.

Integration teams have been formed to oversee operational alignment, workforce transition, and supply chain optimization.

The company plans to retain Inertia Aluminium’s brand identity for continuity and market recognition.

 

This acquisition signals Springform’s intent to evolve into a multi-sector enterprise with a sharper focus on industrial innovation.

 

Sources: Rediff MoneyWiz, BSE India, Moneycontrol.