Sona BLW Precision Forgings to acquire 55% stake in Serbia-based NOVELIC
India-based Sona BLW Precision Forgings has agreed to acquire at least a 54% stake in Serbia-based NOVELIC d.o.o. Beograd – Zvezdara for €40.5 million in cash. NOVELIC is a provider of mmWave radar sensors, perception solutions, and full-stack embedded systems. The company’s portfolio of mmWave radar solutions and perception solutions enable off-the-shelf and custom product […]