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Delta Magnets' arm acquires 100% stake in UK based Pilamec

Delta Magnets' wholly owned foreign subsidiary - MagDev, UK, has acquired 100% stake of Pilamec, UK, which offer a wide range of chemicals, metals and ceramic products.

MagDev specialize in supplying permanent magnets, magnetic assemblies and soft ferrite cores in various shapes, sizes and grades, with magnetic properties tuned to specific applications.

Delta Magnets is a leading hard ferrite magnet (Anisotropic & Isotropic ) manufacturer based in India. By value it manufactures 98% anisotropic & 2% of isotropic.

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