Lionstead Ventures Acquires Tata Steel Subsidiary Ceramat for ₹1 Crore
ByAinvest
Monday, Aug 18, 2025 9:49 pm ET1min read
AMAT--
Lionstead Applied Materials acquired Ceramat Private Ltd from Tata Steel Advanced Materials Ltd for ₹1 crore. The acquisition strengthens Lionstead Ventures' advanced materials portfolio and positions Ceramat as a dedicated platform for bio-ceramics. The deal aligns with Lionstead Ventures' vision to invest in advanced materials that will drive industrial innovation in India. The global bio-ceramics market is projected to reach $10.5-12 billion by 2030, growing at a CAGR of 8-10%.
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