Midcap Tega Industries $1.5 bn Molycop buy gives investors exposure to green economy's industrial backbone
Published on: Sept. 15, 2025, 12:03 a.m. | Source: The Economic Times
Tega Industries, a Kolkata-based company, acquired Molycop in a significant deal. This buyout marks a major move by an Indian enterprise. Led by Mehul Mohanka, Tega partnered with Apollo Global Management for the acquisition. The deal aims to create a comprehensive offering for the mining industry. The combined entity will leverage technology to optimize mining operations.
