Sona BLW Precision Forgings to acquire majority stake in NOVELIC

Sona BLW Precision Forgings has agreed to acquire at least 54% of shares and voting rights in NOVELIC d.o.o., a Serbian provider of mmWave radar sensors and perception solutions, for EUR 40.5 million.

“With NOVELIC's capabilities in sensors and perception solutions, Sona Comstar intends to grow in the area of autonomous and connected vehicle technologies.”business-standard.com

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• business-standard.comSona BLW Precision Forgings to acquire majority stake in NOVELICCapital MarketJan 9, 2023

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