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Japan’s UTOC Corporation to buy 30% stake in Delta Global Allied - India Seatrade News

Summary by indiaseatradenews.com
Japan’s UTOC Corporation, a wholly owned unit of Mitsui OSK Lines Ltd, the world’s second largest ship owner by fleet size, has signed a memorandum of understanding to acquire a 30 per cent strategic stake in Pune-based, privately-run Delta Global Allied Ltd, an engineering and construction firm focussed on power plants, petrochemicals and refineries. The companies did not disclose the deal value. The two companies plan to conclude a detailed ag…
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Japan’s UTOC Corporation to buy 30% stake in Delta Global Allied - India Seatrade News

Japan’s UTOC Corporation, a wholly owned unit of Mitsui OSK Lines Ltd, the world’s second largest ship owner by fleet size, has signed a memorandum of understanding to acquire a 30 per cent strategic stake in Pune-based, privately-run Delta Global Allied Ltd, an engineering and construction firm focussed on power plants, petrochemicals and refineries. The companies did not disclose the deal value. The two companies plan to conclude a detailed ag…

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indiaseatradenews.com broke the news in on Saturday, March 29, 2025.
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