Germany based Hager Group has acquired door communication systems provider Elcom International. As a part of this transaction, Hager has also acquired over 51% stake in Elcom Door-Communications (I) Pvt. Ltd.
US based Tano Capital has invested R60 Cr in micro finance company, Arohan Financial Services for a 30% stake. The deal pushes Arohan’s networth to R135 Cr and provides fresh capital to finance it’s expansion.