Pricol acquires Sundaram AutoComponents' injection moulding business for Rs 215.3 crore to boost its automotive presence.

Pricol Limited is acquiring Sundaram AutoComponents Ltd's injection moulding business for Rs 215.3 crore in an all-cash, debt-free transaction. The deal, facilitated by Pricol's subsidiary, aims to expand Pricol's injection moulding capabilities and strengthen its position in the automotive industry. The acquisition could add around Rs 730 crore to Pricol's revenue and is subject to adjustments at closing.

4 months ago
9 Articles

Further Reading