Hero Motors Company acquires strategic stake in Hewland Engineering

Hero Motors Company acquired a strategic stake in UK-based transmission design technology firm Hewland Engineering for an undisclosed sum, announced on January 18, 2021.

“This investment represents a significant strategic inflection point for us in the transmission product segment.”auto.economictimes.indiatimes.com

• 2 sources
• auto.economictimes.indiatimes.comHero Motors acquires strategic stake in Hewland Engineering for undisclosed amount, ETAutoJan 18, 2021
• thestatesman.comHero Motors acquires stake in Hewland Engineering - The StatesmanIANSJan 19, 2021

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