Topy Industries to acquire 26% stake in Wheels India Cars Wheels

Japanese auto parts supplier Topy Industries will acquire a 26% minority stake in Wheels India Cars Wheels Ltd, a wholly owned subsidiary of Wheels India, for an undisclosed amount. Plans include setting up a new plant in Gujarat, India.

“Under a strategic partnership agreement, Japanese auto parts supplier Topy Industries will acquire a minority stake of 26% in Wheels India Cars Wheels Ltd (WCWL), a wholly owned subsidiary of wheels manufacturer Wheels India, for an undisclosed amount.”autotechinsight.ihsmarkit.com

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• autotechinsight.ihsmarkit.comTopy Industries to acquire 26% stake in Wheels India subsidiary - Automotive Technology Insight | Forecasts | Industry News | Supply ChainJun 19, 2017

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