Profitable Auto Component Manufacturer Available For Strategic Investment
by Charmi Gutka
Strategically located, profit-making company producing transmission gears, shafts and components for all major types of vehicles with over R100 Cr of revenues, strong margins and healthy order book (international and domestic) is available for strategic investment.
Along with the merger of Shasun Pharmaceutical with itself, Strides Arcolab also announced the induction of a strategic partner in its greenfield biotech project, Stelis Biopharma. As per the deal GMS Holding will pick up 25.1%s stake in the biotech arm infusing $8.5Mn.
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