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Pricol, through its subsidiary Pricol Precision Products, will acquire the injection moulding business of Sundaram Auto Components (part of TVS Motor Company) for Rs 215.3 crore in an all-cash deal, adding about Rs 730 crore to topline.
“With this acquisition, our focus will remain on harnessing the combined potential of Pricol and SACL, to become an integrated solution player, driving innovation, and delivering sustainable growth.”business-standard.com
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