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PitchBoard | 10 July 2013

Profitable Auto Component Manufacturer Available For Strategic Investment

by Charmi Gutka
 
@charmi
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.

Fiberweb To Acquire Terram India

Fibreweb Plc announced that Fibreweb Geosynthetics has acquired control of Terram India by investing 2 Mn pounds to increase its stake from 26% to 65% in its exisiting JV, RTT News states.

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Mahindra Holidays Acquires Covington S.a.r.l

Mahindra Holidays and Resorts India Limited, through its wholly owned subsidiary MHR Holdings (Mauritius) Limited has acquired 100% stake in Covington S.a.r.l, Luxembourg. The deal size was not disclosed.

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