# Suprajit to acquire Light Duty Cable business from Kongsberg Automotive

Suprajit Engineering Limited signed a definitive agreement to acquire the Light Duty Cable (LDC) business unit from Kongsberg Automotive ASA, including cable and electro-mechanical actuator operations. The transaction is expected to close by end of January 2022.

- Type: Acquisition
- Announced: 2021-10-28
- Where: India
- Status: announced
- Products: light duty cables, electro-mechanical actuators
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Kongsberg Automotive](https://endata.com/companies/12484.md) (target)
- [Suprajit Engineering](https://endata.com/companies/58770.md) (acquirer)

## Sources

- [suprajit.com](https://suprajit.com/press-release-suprajit-to-acquire-light-duty-cable-ldc-business-unit-from-kongsberg-automotive-norway/), 2021-10-28: "Suprajit is pleased to announce that it has signed a Definitive Share and Asset Purchase Agreement to acquire Light Duty Cable (LDC) business unit on October 28, 2021 with Kongsberg Automotive ASA."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
