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Tano Capital exits as Regal Beloit acquires ABG Group's Italian arm Cemp

Manufacturing

08 January, 2014

Tano Capital exits as Regal Beloit acquires ABG Group's Italian arm Cemp

Regal Beloit Corporation, one of the world's largest manufacturers of electric motors, has acquired Cemp srl, an Italy based electronic ......

CK Birla Group firm acquires a part of Caterpillar's mining product distribution business

Manufacturing

07 January, 2014

CK Birla Group firm acquires a part of Caterpillar's mining product distribution business

Chennai-based GMMCO Ltd has acquired the expanded Caterpillar’s mining product line distribution and support business for its territories from Bucyrus ......

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Austrian firm buys out welding electrodes maker Maruti Weld

Manufacturing

08 January, 2014

Austrian firm buys out welding electrodes maker Maruti Weld

Austria’s voestalpine Böhler Welding (formerly Bohler Welding Group) has acquired Delhi-based Maruti Weld Ltd, a small sized manufacturer and exporter ......

Amtek buying German auto component firm Kuepper

Manufacturing

26 December, 2013

Amtek buying German auto component firm Kuepper

Arvind Dham-led automotive component supplier Amtek Auto Ltd, backed by investors like Warburg Pincus and ChrysCapital, has signed an agreement ......

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Spanish firm Cikautxo buys out Taurus Flexibles' entire stake in JV

Manufacturing

24 December, 2013

Spanish firm Cikautxo buys out Taurus Flexibles' entire stake in JV

Spanish auto component manufacturer Cikautxo S. Coop has completely bought out its local partner Taurus Flexibles Pvt Ltd’s equity stake ......

Texmaco seals takeover battle for Kalindee Rail, ups stake to 49% with open offer

Manufacturing

19 December, 2013

Texmaco seals takeover battle for Kalindee Rail, ups stake to 49% with open offer

Saroj Poddar-led Adventz Group’s Texmaco Rail and Engineering Ltd has won the takeover battle with Jupiter Metal for public listed ......

Manufacturing picks up pace in November; output rises first time in seven months

Manufacturing

02 December, 2013

Manufacturing picks up pace in November; output rises first time in seven months

Indian manufacturing returned to growth last month as HSBC Manufacturing PMI, compiled by Markit, rose to 51.3 in November from ......

Madhya Pradesh-based Flexituff to raise over $16M from IFC

Manufacturing

29 November, 2013

Madhya Pradesh-based Flexituff to raise over $16M from IFC

Bulk container manufacturing firm Flexituff International Ltd is raising over $16 million from International Finance Corporation (IFC) through an issue ......

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Warburg Pincus part exits Amtek Auto with huge haircut

Manufacturing

26 November, 2013

Warburg Pincus part exits Amtek Auto with huge haircut

Private equity major Warburg Pincus has pressed the part exit button on its over seven-year-old investment in one of the ......

US-based EnerSys acquires remaining 49.5% stake in Energy Leader Batteries

Manufacturing

20 November, 2013

US-based EnerSys acquires remaining 49.5% stake in Energy Leader Batteries

EnerSys, an international player in stored energy solutions for industrial applications, has acquired the remaining shares in the Indian joint ......