# Sintex-BAPL sells auto business to Plastauto for Rs 110 crore

Sintex-BAPL transferred its two- and four-wheeler plastic-moulded automotive components business to Plastauto for Rs 110 crore under a business transfer agreement signed March 29, 2023.

- Type: Acquisition
- Announced: 2023-03-29
- Where: India
- Value: $13.4M (1.10B INR)
- Status: completed
- Products: plastic-moulded automotive components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Sintex-BAPL](https://endata.com/companies/10416.md)
- [Plastauto](https://endata.com/companies/10417.md) (acquirer)

## Sources

- [cablecommunity.com](https://cablecommunity.com/welspun-expands-its-plastic-products-business-through-1251-cr-strategic-acquisition-of-sintex-bapl/), 2023-04-01: "Under this BTA, SBAPL's auto business has been transferred to Plastauto for a sum of Rs. 110 crore."

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