[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"article-man-industries-completes-us-102m-acquisition-of-saudi-pipe-manufacturer-npc":3,"$fjnKX72BiLw-CiZZ5MQCs0a0C_bANyAZUVd6PqPzBgJg":29,"$fzgh9HMZBeog6YYmi6_wf9F1_8E0448vNEX9r4SOC_2g":154,"$f-j9YGNBwRSSL7SH4JzUpRZrBt_Eb-enBkRymgC2HvJg":160,"$fx0Dz-WUAXgaGJDFKp5JoFihuourpw4oC0uNO6EDK9Y8":201,"$flyRSpjhyVE29pqjd-DzWtoRwNGPXrTq6WJDGSvhczcc":233},{"data":4},{"id":5,"title":6,"slug":7,"excerpt":8,"content":9,"imageUrl":10,"publishedAt":11,"author":12,"category":13,"likes":14,"summary":15,"captionLinkedin":16,"captionTwitter":17,"captionInstagram":18,"seo":19,"prevPost":21,"nextPost":25},1437,"Man Industries Completes US$ 102M Acquisition of Saudi Pipe Manufacturer NPC","man-industries-completes-us-102m-acquisition-of-saudi-pipe-manufacturer-npc","Man Industries expands its global footprint with a US$ 102M acquisition of Saudi-based National Pipe Co. Read the full details here.","\u003Cp>\u003Cspan lang=\"EN\">\u003Cimg style=\"float: left;\" src=\"https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002Fnews\u002F4gV1KVYRyEDyfYcPocmn8U1kaHhQZbLrQP2ASRQo.jpg\" alt=\"\" width=\"246\" height=\"301\" data-id=\"posts\u002FMay2026\u002Fnews\u002F4gV1KVYRyEDyfYcPocmn8U1kaHhQZbLrQP2ASRQo.jpg\">Man Industries (India) Ltd has informed the stock exchanges that the Board of Directors at its meeting held on Thursday, May 21, 2026, considered and took note of the completion of the transaction in relation to the acquisition of a 100 percent equity stake in National Pipe Co Ltd (NPC), Kingdom of Saudi Arabia. The acquisition was completed at a total cost of approx US$ 102 million (~INR 1,000 crore). The transaction has been carried out by Man International Steel Industries Company (MISIC), a wholly owned subsidiary of the company incorporated in the Kingdom of Saudi Arabia.\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan lang=\"EN\">NPC is one of the established API manufacturers of HSAW and LSAW pipes in the Kingdom of Saudi Arabia. It caters to oil &amp; gas pipelines, water transmission, infrastructure, and industrial projects, and serves reputed customers including Saudi Aramco, Saudi Water Authority (SWA), Saudi Water Partnership Company (SWPC), Water Transmission &amp; Technologies Co (WTTCO), KOC (Kuwait), Qatar Petroleum, and leading global EPC contractors including McDermott, L&amp;T, SAIPEM, Subsea7, Hyundai E&amp;C, and others.&nbsp; \u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan lang=\"EN\">NPC is a profit-making and debt free, financially stable organization with ongoing business operations and a healthy order book comprising orders in hand from Aramco and other reputed customers. It possesses all major industry approvals, qualifications, and registrations required for execution of projects for key regional and international clients. It also maintains adequate working capital and cash balances to support its ongoing operations, project execution requirements, and future business growth.&nbsp;\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan lang=\"EN\">According to the company, the acquisition is in line with its international expansion strategy and is expected to strengthen the company&rsquo;s global presence in the pipe manufacturing industry. The acquisition is expected to provide access to infrastructure, energy, desalination, and industrial opportunities in the Kingdom of Saudi Arabia and strengthen the company&rsquo;s Middle East and international operations. NPC has an installed manufacturing capacity of approximately 430,000 MT per annum.&nbsp;\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan lang=\"EN\">Going forward, the facility will also have Coating Mill with External &amp; Internal Coating Plant to serve the Kingdom&rsquo;s growing demand for coated pipeline solutions.&nbsp;\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan lang=\"EN\">For more information:&nbsp;\u003Cstrong>www.mangroup.com\u003C\u002Fstrong>\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan lang=\"EN\">&nbsp;\u003C\u002Fspan>\u003C\u002Fp>","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002Fnews\u002Fman-industries-completes-us-102m-acquisition-of-saudi-pipe-manufacturer-npc.jpg","2026-05-24T15:14:33+05:30","MWM Desk","News",1,"Man Industries has officially finalized its US$ 102 million acquisition of the Saudi Arabian manufacturer National Pipe Co.\nThe move grants the company an installed production capacity of 430,000 MT per annum across key regional energy sectors.\nThe deal strengthens Man Industries' Middle East portfolio, adding major clients like Saudi Aramco to its global order book.","Big moves in the energy infrastructure space: Man Industries (India) Ltd has successfully completed the 100% acquisition of Saudi Arabia’s National Pipe Co (NPC) for US$ 102 million. This strategic investment is a massive step forward in the company's international expansion, providing a direct gateway to high-growth infrastructure, water transmission, and oil & gas projects in the Middle East. With NPC’s solid reputation and an impressive capacity of 430,000 MT per annum, this partnership is set to bolster project delivery for major players like Saudi Aramco and global EPC contractors. It is an exciting development for the manufacturing sector and a clear indicator of growing industrial synergy between India and the Kingdom of Saudi Arabia. #ManIndustries #EnergyInfrastructure #GlobalManufacturing #TradeExpansion","Man Industries expands its global reach with a $102M acquisition of Saudi Arabia's National Pipe Co. A major boost for the Middle East energy and infrastructure manufacturing sector. #Manufacturing #EnergyNews","Big news in the pipe manufacturing world! 🌍 Man Industries has officially completed its $102M acquisition of National Pipe Co in Saudi Arabia. This is a massive play for the energy and infrastructure sectors, giving the team a huge 430,000 MT per annum capacity boost! 🏗️ It’s exciting to see such a major expansion in the Middle East, especially with NPC’s impressive client list including Saudi Aramco. Congratulations to both teams on this milestone as they gear up for future growth in coated pipeline solutions! 📈✨ #ManIndustries #NationalPipeCo #EnergySector #InfrastructureDevelopment #ManufacturingNews #SaudiArabia #IndustryGrowth",{"title":6,"description":8,"keywords":20},"man industries,national pipe co,pipe manufacturing,saudi arabia infrastructure,oil and gas industry,hsaw pipes,lsaw pipes,b2b acquisitions,manufacturing growth,energy sector news",{"title":22,"slug":23,"imageUrl":24},"VDMA India Members Expect Sustained Revenue Growth in India","vdma-india-members-expect-sustained-revenue-growth-in-india","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002Fnews\u002Fvdma-india-members-expect-sustained-revenue-growth-in-india.jpeg",{"title":26,"slug":27,"imageUrl":28},"Exel Composites, De Angeli Prodotti Advance European Grid Modernization   ","exel-composites-de-angeli-prodotti-advance-european-grid-modernization","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002Fnews\u002Fexel-composites-de-angeli-prodotti-advance-european-grid-modernization.jpg",{"data":30,"links":92,"meta":97},[31,37,40,41,44,50,56,62,68,74,80,86],{"title":32,"slug":33,"excerpt":34,"imageUrl":35,"publishedAt":36,"author":12,"category":13},"Castrol India Appoints Anoop Jindal as Vice-President B2B Sales","castrol-india-appoints-anoop-jindal-as-vice-president-b2b-sales","Castrol India appoints industry veteran Anoop Jindal as VP of B2B Sales for OEM and South Asia. Discover how he plans to drive growth.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002Fnews\u002Fcastrol-india-appoints-anoop-jindal-as-vice-president-b2b-sales.jpeg","2026-05-24T21:06:54+05:30",{"title":26,"slug":27,"excerpt":38,"imageUrl":28,"publishedAt":39,"author":12,"category":13},"Discover how Exel Composites and De Angeli Prodotti are upgrading aging European power grids using innovative carbon fiber tech to double transmission capacity.","2026-05-24T18:05:23+05:30",{"title":6,"slug":7,"excerpt":8,"imageUrl":10,"publishedAt":11,"author":12,"category":13},{"title":22,"slug":23,"excerpt":42,"imageUrl":24,"publishedAt":43,"author":12,"category":13},"VDMA India’s latest survey reveals robust growth for machinery firms. Explore how domestic demand and industrial policy are driving success.","2026-05-24T14:44:59+05:30",{"title":45,"slug":46,"excerpt":47,"imageUrl":48,"publishedAt":49,"author":12,"category":13},"Advait Energy Transitions, TECO Fuel Cell Technology Sign MoU at India-Nordic Summit","advait-energy-transitions-teco-fuel-cell-technology-sign-mou-at-india-nordic-summit","Advait Energy Transitions and Norway’s TECO Fuel Cell Technology sign a landmark MoU to manufacture hydrogen fuel cells in India.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002FEsiBQ6tM9acM3NhWbEl0.jpeg","2026-05-19T23:27:04+05:30",{"title":51,"slug":52,"excerpt":53,"imageUrl":54,"publishedAt":55,"author":12,"category":13},"AITMC Ventures Inaugurates Phase-1 of INR 80Cr Drone City Haryana","aitmc-ventures-inaugurates-phase-1-of-inr-80cr-drone-city-haryana","AITMC Ventures inaugurates Phase-1 of Drone City Haryana, an INR 80Cr initiative boosting indigenous drone manufacturing and R&D for the region.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002Fudw4rD4lORFz47MDq3Vy.jpeg","2026-05-19T18:31:29+05:30",{"title":57,"slug":58,"excerpt":59,"imageUrl":60,"publishedAt":61,"author":12,"category":13},"Cyient DLM Names Ramakanth Alapati President & Chief Strategy and Growth Officer","cyient-dlm-names-ramakanth-alapati-president-and-chief-strategy-and-growth-officer","Cyient DLM appoints Ramakanth Alapati as President and Chief Strategy and Growth Officer to spearhead global expansion and innovation.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002FCxlhu5wFh5RMqPFib0B6.jpg","2026-05-19T17:44:09+05:30",{"title":63,"slug":64,"excerpt":65,"imageUrl":66,"publishedAt":67,"author":12,"category":13},"Sahasra Semiconductors Inaugurates Rajasthan’s First Semiconductor Plant","sahasra-semiconductors-inaugurates-rajasthan-s-first-semiconductor-plant","Rajasthan marks a historic milestone as Sahasra Semiconductors opens the state's first semiconductor plant, boosting India’s electronics manufacturing.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002F2Y5NyMBkuwylxS5RkPZx.jpg","2026-05-18T19:28:14+05:30",{"title":69,"slug":70,"excerpt":71,"imageUrl":72,"publishedAt":73,"author":12,"category":13},"Atomgrid Opens Bengaluru R&D Center After US$ 7M Raise","atomgrid-opens-bengaluru-rd-center-after-us-7m-raise","Atomgrid launches a state-of-the-art R&D center in Bengaluru following a US$ 7M raise, positioning India as a global specialty chemicals hub.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002F7pC95kkm67dLMQDj1WoB.jpeg","2026-05-17T16:14:24+05:30",{"title":75,"slug":76,"excerpt":77,"imageUrl":78,"publishedAt":79,"author":12,"category":13},"BRF Hosts National Conclave on Atmanirbharta in Defence","brf-hosts-national-conclave-on-atmanirbharta-in-defence","Discover how India’s defence sector is driving self-reliance through MSME participation, as experts discuss key opportunities for indigenous growth.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002FppUAwkXnpHfEvYlHVu9n.jpeg","2026-05-17T15:17:44+05:30",{"title":81,"slug":82,"excerpt":83,"imageUrl":84,"publishedAt":85,"author":12,"category":13},"Shyam Metalics Reports Strong Q4 FY26; Approves INR 2,700 Cr Growth Capex","shyam-metalics-reports-strong-q4-fy26-approves-inr-2700-cr-growth-capex","Shyam Metalics reports a stellar Q4 FY26 with a 27% revenue jump and approves INR 2,700 Cr for strategic capacity expansion in India.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002Fpb7Cz4SGDGCoqTsvPoHG.jpg","2026-05-16T12:54:40+05:30",{"title":87,"slug":88,"excerpt":89,"imageUrl":90,"publishedAt":91,"author":12,"category":13},"Hindustan Zinc, V-Spark DeepTech Set INR 2,000Cr AI Transformation Goal","hindustan-zinc-v-spark-deeptech-set-inr-2000cr-ai-transformation-goal","Hindustan Zinc and V-Spark DeepTech partner for a INR 2,000 crore AI-led transformation. Discover how Zinnovation 2026 is shaping industrial tech.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002FH6YMRksOzBGmzUTZCg4F.JPG","2026-05-16T11:33:19+05:30",{"first":93,"last":94,"prev":95,"next":96},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=1","https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=118",null,"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=2",{"current_page":14,"from":14,"last_page":98,"links":99,"path":151,"per_page":152,"to":152,"total":153},118,[100,103,106,109,113,117,121,125,129,133,137,141,143,147,149],{"url":95,"label":101,"page":95,"active":102},"&laquo; 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