Hind Rectifiers Limited has completed the acquisition of France-based BeLink Solutions for EUR 1 million to establish a European base in robotics, power electronics, and electronics manufacturing services. The company plans an additional infusion of EUR 2 million into the new subsidiary to strengthen its operations and production capabilities. The acquisition, approved by the French […]
Tata Technologies has announced the acquisition of Germany-based ES-Tec Group for EUR 75 million in an all-cash transaction. The company said the deal will expand its engineering capabilities in Europe, with completion subject to regulatory approvals in Germany, Morocco and other jurisdictions. The acquisition is expected to close by December 2025. Tata Technologies will acquire […]
CEAT Limited has acquired Michelin Group’s CAMSO Construction Compact Line Business, including the Midigama plant and Casting Product plant in Sri Lanka. The transaction gives CEAT ownership of the CAMSO brand, which will be permanently assigned across categories after a three-year licensing period. As part of the acquisition, CEAT announced an investment of USD 171 […]
Samvardhana Motherson International Limited announced that its board has approved the acquisition of an 81 percent stake in Japan-based Yutaka Giken Co., Ltd. (YGCL) through its wholly owned subsidiary Motherson Global Investments B.V. The company will also acquire an 11 percent stake in YGCL’s subsidiary Shinnichi Kogyo Co., Ltd. from Honda Motor Co., Ltd., and […]
SGD Pharma, a producer of moulded and tubular glass for pharmaceutical primary packaging, has signed an agreement with Italian private equity firm Entangled Capital to acquire Alphial S.r.l., a manufacturer of tubular vials and ampoules based in Italy. Alphial employs more than 220 people across four manufacturing sites. The transaction is subject to Italian foreign […]
DN Solutions has signed an agreement to acquire HELLER, expanding its presence in Europe and strengthening its portfolio in machining centres and 5-axis technologies. The transaction is subject to approvals from antitrust and other regulatory authorities. According to DN Solutions, the company generates annual sales of around USD 2 billion and employs more than 2,000 […]
Foseco India Limited has signed an agreement to acquire a 75 percent stake in Morganite Crucible (India) Limited from its current promoters, Morganite Crucible Limited and Morgan Terrassen B.V., part of the Morgan Group of companies. The transaction involves the issue and allotment of 1,150,800 fresh equity shares of Foseco India using a swap ratio […]
Schmitz Cargobull AG is set to acquire a 27.5 percent equity stake in Pune-based Sub Zero Insulation Technologies (SZIT) as part of a plan to expand its presence in India’s cold chain logistics sector. The agreement also provides Schmitz Cargobull with an option to increase its shareholding in the future. Sub Zero manufactures more than […]
Tata AutoComp Systems has signed a conditional agreement, through its UK-based subsidiary Artifex Interior Systems Limited, to acquire 100 percent of the share capital of IAC Group (Slovakia). The company did not disclose the financial terms of the transaction. Completion is subject to regulatory approvals and other customary conditions. Tata AutoComp Systems was advised on […]
Uno Minda has received in‑principal board approval to acquire equity stake in one or more tranches in Uno Minda Buehler Motor Pvt. Ltd., a joint venture with Buehler Motor GmbH focused on electric‑vehicle traction motors. Incorporated in December 2022, the JV manufactures electronically commutated DC motors for electric two‑ and three‑wheelers. Uno Minda holds a […]