Tsubaki Group makes Indian joint venture wholly owned subsidiary

Tsubakimoto Chain Co.'s subsidiary Tsubakimoto Bulk Systems Corp. acquired an additional 49% stake in Mahindra Tsubaki Conveyor Systems Private Limited (MTC) in India, making it a wholly owned subsidiary. The company will be renamed Tsubaki Conveyor Systems India Private Limited.

“Tsubakimoto Chain Co. announced today that its consolidated subsidiary, Tsubakimoto Bulk Systems Corp., had acquired an additional 49% stake in Mahindra Tsubaki Conveyor Systems Private Limited, making it a wholly owned subsidiary”tsubakimoto.com

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• tsubakimoto.comTsubaki Group Makes Joint Venture in India a Wholly Owned Subsidiary to Expand its Global Materials Handling Business | 28 | 02 | About Tsubaki | About Tsubaki | About Tsubaki | About Tsubaki | TSUBAKIMOTO CHAIN GROUPFeb 28, 2022

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