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Shriram Pistons & Rings to acquire Grupo Antolin India operations in ₹1,670 crore deal – Telematics Wire
Shriram Pistons & Rings Limited (SPRL), a leading Indian automotive components maker, has embarked on a major strategic expansion by signing a share purchase agreement to acquire three key operations of Spain-based Grupo Antolin in India for an enterprise value of approximately €159 million (about ₹1,670 crore). This landmark deal represents a significant move by the Ghaziabad-headquartered company to broaden its footprint beyond its traditional…
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Shriram Pistons & Rings to acquire Grupo Antolin India operations in ₹1,670 crore deal – Telematics Wire
Shriram Pistons & Rings Limited (SPRL), a leading Indian automotive components maker, has embarked on a major strategic expansion by signing a share purchase agreement to acquire three key operations of Spain-based Grupo Antolin in India for an enterprise value of approximately €159 million (about ₹1,670 crore). This landmark deal represents a significant move by the Ghaziabad-headquartered company to broaden its footprint beyond its traditional…
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