BMW Industries Ltd. (BSE:542669) acquired BMW Iron and Steel Industries Limited and Nippon Cryo Private Limited on December 31, 2019. BMW Industries Ltd. acquired BMW Iron and Steel Industries Limited at INR 33 per share and Nippon Cryo Private Limited at INR 325 per share in cash. BMW Iron and Steel Industries Limited had turnover of INR 517.1 million and Nippon Cryo Private Limited had turnover of INR 221.1 million for the year 2018-2019. BMW Industries Ltd. (BSE:542669) completed the acquisition of BMW Iron and Steel Industries Limited and Nippon Cryo Private Limited on December 31, 2019.