Gabriel India has announced the acquisition of assets from Marelli Motherson Auto Suspension Parts Pvt Ltd for a total consideration of Rs 60 crore, subject to closing adjustments. The acquisition increases Gabriel India’s annual manufacturing capacity by 3.2 million shock absorbers and 1 million gas spring units, according to a statement issued by the company. […]
Tata Electronics Private Limited (TEPL) has acquired a 60% stake in Pegatron Technology India Private Limited (PTI), according to a press release issued by the company on January 24, 2025. The acquisition follows TEPL’s earlier purchase of Wistron’s India operations in March 2024, reflecting its ongoing investment in electronics manufacturing. As part of the transaction, […]
JSW Paints has announced its openness to exploring inorganic growth opportunities, including participating in a potential acquisition process initiated by Akzo Nobel. Sundaresan A S, joint managing director and CEO of JSW Paints, confirmed the company’s interest during the Indian Paint Conference in Kolkata, organized by the Indian Paint Association. The company emphasized that any […]
Minda Corporation Limited has announced a strategic partnership with Flash Electronics (India) Pvt. Ltd., involving the acquisition of a 49% equity stake in Flash Electronics for ₹1,372 crore. The partnership aims to strengthen both companies’ positions in the electric vehicle (EV) and automotive electronics markets. Flash Electronics specializes in automotive engine and powertrain electronics, including […]
G R Infraprojects Limited has completed the acquisition of Bijapur REZ Transmission Limited (BRTL) from PFC Consulting Limited. The transaction, executed under a share purchase agreement, makes BRTL a wholly owned subsidiary of the company. BRTL, incorporated on June 28, 2024, has an authorized and paid-up share capital of ₹1 lakh, divided into 10,000 equity […]
Gujarat Fluorochemicals Limited (GFCL) has announced the incorporation of a wholly-owned overseas subsidiary by GFCL EV Products Limited, a subsidiary of GFCL. The new entity, GFCL EV Products Pte. Ltd., was established in Singapore on January 7, 2025. According to a statement issued by GFCL, the Accounting and Corporate Regulatory Authority of Singapore issued the […]
PTC Industries Limited has completed the acquisition of Trac Holdings Limited, which fully owns Trac Precision Solutions Limited (Trac), a UK-based manufacturer of precision-machined components for the aerospace, defense, and power generation sectors. The acquisition, valued at an undisclosed amount, received regulatory clearance from the United Kingdom’s Investment Screening Unit under the National Security and […]
Adani Defence Systems and Technologies Ltd. (ADSTL), a subsidiary of Adani Enterprises, has announced the signing of a share purchase agreement to acquire an 85.8% stake in Air Works India (Engineering) Private Limited. The acquisition is valued at an enterprise amount of ₹400 crore, according to a press release issued by the company. Air Works […]
Pai Machines, a subsidiary of Infra Bazaar Tech Pvt Ltd, has finalized the acquisition of the manufacturing facilities of L&T Construction Equipment Limited’s (LTCEL) Machinery Works. The transaction, initiated in June 2024, involves a production plant in Bengaluru with a capacity of over 1,800 units annually. The acquisition also includes the integration of 70 employees, […]
Mahindra & Mahindra Limited has announced the incorporation of Target Hybren Private Limited, a wholly-owned subsidiary of Mahindra Susten Private Limited (MSPL). This new subsidiary was registered on December 6, 2024, in Mumbai, Maharashtra. MSPL is itself a subsidiary of Mahindra Holdings Limited, which is fully owned by Mahindra & Mahindra. The authorized and paid-up […]
