Rane Madras acquires steering components business of Yagachi Technologies

Rane Madras Ltd approved the acquisition of the Steering Components Business of Yagachi Technologies, a Hical Group company, in an all-cash deal. The business produces steering and suspension components for passenger vehicles.

“The all-cash deal would enhance RML’s leadership position and share in domestic passenger vehicle (PV) market.”dtnext.in

• 1 source
• dtnext.inRane Madras acquires Yagachi Technologies to boost PV bizDT NEXT BureauOct 14, 2021

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