# Hobel Bellows is a specialized manufacturer of metallic bellows and precision engineered assemblies.

*aerospace · news · 2026-05-04 · scanx.trade*

## Key points

- Unimech acquired Hobel Bellows for INR450 crores in an all-cash, debt-free deal.
- Hobel Bellows' EBITDA margins exceed 50%, and 90% of revenue comes from exports.
- The acquisition was funded fully through internal funds with no plan for new borrowings.
- The transaction structure includes equity, loans, and convertible debentures split between Unimech and Innomech.
- Management expects 15%-17% growth over 3-4 years without requiring additional capex.

**Companies:** Unimech Aerospace and Manufacturing Limited, Hobel Bellows
**Countries:** India, United Kingdom, United States, Singapore, China

[Read the full story on scanx.trade](https://scanx.trade/stock-market-news/companies/unimech-aerospace-acquires-hobel-bellows-in-450-crore-all-cash-deal-to-strengthen-precision-engineering-platform/39418662)

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