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HomeBusinessAutoBelrise acquires H-One India, Expands Chassis Ops

Belrise acquires H-One India, Expands Chassis Ops

H-One’s established clientele includes multiple marquee Indian and Japanese 4-wheeler and 2-Wheeler OEMs

MUMBAI, April 11(The CONNECT)- IPO-bound Automotive-component major Belrise today announced the acquisition of H-One India from Japan-based listed parent.

This move will help  Belrise’s its design and manufacturing capabilities and strengthen its position as a supplier of chassis systems and body-in-white parts in the Indian automotive market.

H-One India, the Indian subsidiary of H-One Co., is involved in the design and manufacturing of high-tensile steel components and high-tensile tool development for 4-wheelers and 2-wheelers.

High-tensile steel components are crucial for light-weighting, enhancing vehicle safety, fuel efficiency, and overall performance.

These high-tensile materials offer superior strength-to-weight ratios, enabling automakers to design lighter yet durable and robust vehicles that meet stringent safety and environmental standards.

H-One India’s established clientele includes multiple marquee Indian and Japanese 4-wheeler and 2-Wheeler OEMs. This acquisition will broaden Belrise’s customer base as well as increase product diversification within its existing customers.

Through this acquisition, Belrise aims to enhance its production capacity and logistical efficiency by leveraging H-One India’s two manufacturing facilities in North India and integrating H-One India’s core technological capabilities.

X-B4 Advisory and Desai & Diwanji exclusively advised Belrise on this transaction.

Incorporated in 1996, Belrise is an automotive-component manufacturing company based in India offering a diverse range of safety critical systems and other engineering solutions for two-wheelers, three-wheelers, four-wheelers, commercial vehicles and agri-vehicles.

Belrise specializes in precision sheet metal pressing and fabrication and has a 24% market share in the overall two-wheeler metal components segment in India as of the Financial Year ended March 31, 2024, in terms of revenue. Belrise operates 15 manufacturing facilities in India, and its revenue from operations was INR 74,842.41 million for the Financial Year 2024.

The company is in an IPO mode having received final observations from SEBI.

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