Remsons Industries Limited has acquired a 51.01% stake in Pune-based electric three-wheeler manufacturer Astro Motors Private Limited. The deal, valued at INR 142.2 million, includes INR 42.2 million in equity issued on a preferential basis and INR 100 million in cash. Astro Motors operates a manufacturing facility in Chakan, near Pune, and produces geared electric […]
Tata AutoComp Systems Limited has signed definitive agreements to acquire up to 80% shareholding in Artifex Interior Systems Limited (formerly IAC UK) from Jaguar Land Rover Ventures Limited, a subsidiary of Jaguar Land Rover Automotive plc. The acquisition, which is subject to customary closing conditions and regulatory approvals, brings Artifex into Tata AutoComp’s portfolio. Artifex […]
Renault Group will acquire the remaining 51% stake in Renault Nissan Automotive India Private Ltd (RNAIPL) from Nissan, bringing its total ownership to 100%. The acquisition, expected to be completed by mid-2025, will allow Renault to expand its manufacturing operations in India while continuing to produce Nissan vehicles, including the New Nissan Magnite. Despite exiting […]
Sundaram-Clayton Limited (SCL) has entered into a Business Transfer Agreement to sell its high-pressure and low-pressure aluminum die-casting operations at its Hosur plant to Sandhar Ascast Private Limited. The transaction, executed on March 26, 2025, is structured as a slump sale on a going concern basis. According to the company’s disclosure, the division contributed USD […]
Tata AutoComp Systems Ltd has announced its plan to acquire International Automotive Components Group Sweden AB (IAC Sweden), a supplier of automotive interior systems. IAC Sweden has an estimated annual turnover of USD 800 million. The acquisition is subject to regulatory approval within the European Union. The acquisition is aimed at strengthening Tata AutoComp’s presence […]
Sandhar Technologies Limited has approved the acquisition of the high-pressure and low-pressure aluminium die casting businesses of Sundaram-Clayton Limited at its Hosur plant. The transaction will be executed through Sandhar Ascast Private Limited, a wholly owned subsidiary of the company, via a slump sale. The details will be finalized in the Business Transfer Agreement. Additionally, […]
Supreme Industries Ltd. has announced plans to acquire the pipes and fittings business of Orbia Wavin in India as part of a long-term partnership agreement. The agreement grants Supreme exclusive access to Orbia Wavin’s water management technologies in India and SAARC countries. The deal includes the transfer of Orbia Wavin’s manufacturing facilities in India to […]
Fontana Gruppo has completed the acquisition of a majority ownership stake in Right Tight Fasteners Pvt. Ltd., an Indian company specializing in high-strength special bolts, including special nuts and bolts. The acquisition brings five manufacturing plants under Fontana Gruppo’s operations, serving clients in the automotive, agricultural, industrial, and construction sectors. According to Fontana Gruppo CEO […]
Zen Technologies Limited has announced investments in Vector Technics Private Limited and Bhairav Robotics Private Limited, expanding its presence in the defence sector. Zen Technologies has acquired a 51% stake in Vector Technics, a company specializing in propulsion and power distribution solutions for drones and UAVs. This acquisition is expected to enhance Zen’s capabilities in […]
JRG Automotive Industries Private Limited has acquired the two-wheeler functional plastics division of Stanley Engineered Fastening India (SEFI), expanding its manufacturing presence in South India. The acquisition includes two operational manufacturing facilities located in Manesar, Haryana, and Bangalore. The acquired division specializes in plastic injection-moulded components for two-wheeler original equipment manufacturers (OEMs), construction equipment manufacturers, […]
