Indian automotive supplier Premium Transmission has acquired the German company Rexnord Stephan GmbH, a manufacturer of geared motors and industrial gearboxes based in Hameln. The cost of the transaction has not been disclosed. The acquisition has been carried out through a Netherlands-based special purpose vehicle (SPV), The Economic Times said. The deal Subscribe to Automotive World … Continued
Indian automotive supplier Premium Transmission has acquired the German company Rexnord Stephan GmbH, a manufacturer of geared motors and industrial gearboxes based in Hameln. The cost of the transaction has not been disclosed.
The acquisition has been carried out through a Netherlands-based special purpose vehicle (SPV), The Economic Times said. The deal
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https://www.automotiveworld.com/articles/88440-india-local-transmission-company-acquires-german-firm/
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