# Shriram Pistons and Rings acquires 75% stake in Takahata Precision India

Shriram Pistons and Rings, through its subsidiary SPR Ingenious Limited, will acquire a 75% shareholding in Takahata Precision India Private Limited, a Japanese injection moulding company. The acquisition is subject to approvals.

- Type: Acquisition
- Announced: 2023-02-09
- Where: Neemrana, Rajasthan, India
- Status: announced
- Products: precision injection moulded components, pistons, rings, engine valves, EV components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Shriram Pistons & Rings](https://endata.com/companies/67378.md) (acquirer)
- [Takahata Precision India Private Limited](https://endata.com/companies/68457.md) (target)
- [Takahata Precision Co](https://endata.com/companies/68458.md) (target)

## Sources

- [autocarpro.in](https://www.autocarpro.in/news/shriram-pistons-and-rings-acquires-75-in-japanese-injection-moulding-major-takahata-precision-114087), 2023-02-09: "with this strategic investment, SPRL aims to diversify its product portfolio beyond the current pistons, rings, engine valves and EV components to precision plastic injection moulded parts."

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