Interpump Group acquires 85% of Indoshell Automotive System India

Interpump Group announced the acquisition of 85% of Indoshell Automotive System India P.L. share capital, a foundry specializing in cast iron castings. The deal value is approximately €8 million, with put and call mechanisms for the remaining 15% starting April 2027.

“Through this acquisition, the Group enhances its autonomy and sourcing capacity for casting, fundamental in the “valve” sector and important for many other operating sectors of the Group.”foundry-planet.com

• 1 source
• foundry-planet.comINTERPUMP ACQUIRES INDOSHELL AUTOMOTIVE SYSTEM INDIAMar 7, 2023

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