Suprajit Engineering announces acquisition of Stahlschmidt Cable Systems
Suprajit Engineering Limited, an Indian manufacturer specializing in automotive cables and halogen bulbs, has officially signed a Share and Asset Purchase Agreement (SAPA) to acquire the business of Stahlschmidt Cable Systems (SCS), a renowned Light Duty Cable manufacturer. This acquisition, valued at an enterprise value of €13.5 million, is part of a strategic move to […]