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India: Ruia Group acquires German supplier Gumasol

Indian company Ruia Group, based in the eastern Indian city of Kolkata, has recently acquired German solid tyre and automotive components manufacturer Gumasol-Werke. "It is a €25m (US$33.11m) company. This is an asset deal, where we have bought the land, building, machineries and the goodwill of the company," Indo-Asian News Service Subscribe to Automotive World … Continued

Indian company Ruia Group, based in the eastern Indian city of Kolkata, has recently acquired German solid tyre and automotive components manufacturer Gumasol-Werke.

"It is a €25m (US$33.11m) company. This is an asset deal, where we have bought the land, building, machineries and the goodwill of the company," Indo-Asian News Service

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https://www.automotiveworld.com/articles/83258-india-ruia-group-acquires-german-supplier-gumasol/

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