Wire & Cable India

Tag : acquisition

News

Torrent Power, the highest bidder for Dadra Nagar Haveli, Daman & Diu discoms

desk
With the acquisition of a 51% stake, Torrent Power is also looking to participate in new opportunities coming up in the sector in renewable generation, transmission, and privatization. February 22, 2021 Ahmedabad-based Torrent Power Limited has emerged as the highest bidder for the sale of 51 percent stake in the......
News

Inhol BV Successfully Merged With Melos GmbH

desk
In January 2018, Inhol B.V. (based in Soest, the Netherlands) was taken over by Melos GmbH. Since then, Inhol B.V has functioned as a part of and on behalf of Melos GmbH. At the end of 2020, Inhol B.V. was merged into Melos GmbH. January 18, 2021 With the acquisition......
News

Motherson Sumi to Acquire Majority Stake in Turkey-based Plast Met Group

desk
This acquisition marks another step towards the growth and diversification of Vision Systems vertical and the group overall. January 18, 2021 Motherson Sumi Systems Ltd. has announced acquisition of 75 percent stake in two Turkish automotive parts manufacturing companies of the Plast Met Group through its subsidiary Samvardhana Motherson Reflectec......
News

Sterlite Technologies to Acquire Italy’s Optotec for EUR 29 Million

desk
The acquisition will create a solid springboard to offer a complete bouquet of solutions to customers across Europe, India and the Middle East. November 2, 2020 Sterlite Technologies (STL) has announced the signing of definitive agreements to acquire Optotec S.p.A, a leading Optical Interconnect Products Company based in Italy. Optotec,......
News

LLFlex Acquires Wire and Cable Armoring Tapes Segment From Web Industries

desk
The assets of the Web Industries’ Bare Metal Armoring Tapes Slitting Division will be integrated into the state-of-the-art production infrastructure at LLFlex’s new manufacturing facility in High Point, North Carolina, and will bolster production capabilities and output. September 25, 2020 LLFlex – a global leader in packaging materials and industrial......
Headlines Interviews

Tata Steel – Global Wires India: Plans to Get Into New Emerging Segments

wirecable
Tata Steel – Global Wires India, one of the largest steel wire manufacturers in the world with a combined annual manufacturing capacity of 670,000 MT, is also a pioneer in its chosen space through continuous production innovation and the launch of numerous novel steel wire variants in the market to......

Borealis to Acquire South Korean Cable Compounder

wirecable
With this acquisition, Borealis is looking forward to extend its presence in the global wire & cable asset footprint. October 30, 2018 Borealis has signed an agreement to acquire a controlling stake in South Korean compounder DYM Solution Co. Ltd. The agreement and transaction are subject to all required regulatory......