Apr 6, 2022ACQUISITIONNoida, India, India Motherson Sumi Systems completes acquisition of majority stake in CIM Tools
Motherson Sumi Systems Limited (MSSL) completed the acquisition of a 55% stake in CIM Tools Private Limited, which holds interests in Aero Treatment Private Limited and Lauak CIM Aerospace, marking MSSL's entry into the aerospace industry.
Productsspecialised machining and sub-assembly of aerospace components
“We are delighted that all acquisition-related formalities have now been completed, and we are happy to welcome CIM Tools to the Motherson family.”thenewsstrike.com
- 4 sources
- thenewsstrike.comMotherson drive sits Aero space business further,with completion of acquisition of the majority stake in CIM Tools Private Limited - The News Strikepradeep editorApr 6, 2022
- timesofindia.indiatimes.comMotherson Sumi completes acquisition of 55 pc stake in CIM Tools - The Times of IndiaPTIApr 6, 2022
- cnbctv18.comMotherson Sumi completes acquisition of 55% stake in CIM Tools - CNBC TV18PTIApr 6, 2022
- zeebiz.comMotherson Sumi completes acquisition of 55 pc stake in CIM ToolsPTIApr 7, 2022
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