RHI Magnesita Strengthens Steel Flow Control Capabilities Through Acquisition of Ashwath Technologies

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RHI Magnesita has successfully completed the acquisition of Ashwath Technologies, a privately owned Indian producer of slide gate systems and components for the steel industry. This acquisition represents another important step in the company’s strategic ambition to enhance its presence and capabilities in the India region.

Ashwath Technologies is a trusted regional partner in steel flow control, specialising in slide gate systems, spare parts and components, as well as refractory resale. It plays a strategic role in India’s steel value chain. The acquisition reflects RHI Magnesita’s commitment to expanding its steel flow control portfolio, strengthening local customer relationships, and scaling its machinery footprint through synergies with its Intermetal Engineers unit.

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