Sona Group acquires Mitsubishi Materials' stake in Sona BLW Precision Forgings

Sona Group acquired the 25% stake held by Mitsubishi Materials in joint venture Sona BLW Precision Forgings, gaining full ownership. The deal value was undisclosed.

“Sona BLW Precision Forgings can now delve deeper into R&D and make significant commitments and investments into the future of the global precision forgings business.”india.com

• 4 sources
• india.comSona Group acquires Mitsubishi Materials’ stake in JV firm | India.comAbout the Author PTI FeedsMar 7, 2017
• autonewspress.comSona AutoComp to acquire partner Mitsubishi Materials Corporation’s entire stake in Sona BLW Precision Forgings Limited - Auto News PressJasMar 7, 2017
• forbesindia.comSona Group buys Mitsubishi Materials' stake in JV firmParamita ChatterjeeMar 7, 2017
• business-standard.comSunjay Kapur steers Sona to new shoresAjay ModiMar 27, 2017

Summarized from public sources; check the original articles before acting on it.