# Fontana Gruppo to acquire 60% stake in Right Tight Fasteners

Italian company Fontana Gruppo is acquiring a 60% stake in Nashik-based Right Tight Fasteners (RTF) for approximately ₹1,000 crore. The deal includes RTF acquiring Fontana's Indian operations, BG Fastening, and will expand RTF's presence in India and internationally.

- Type: Acquisition
- Announced: 2025-03-04
- Where: Nashik, India
- Value: $120.0M (10.0B INR)
- Status: announced
- Products: automotive fasteners, nuts, bolts, screws
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Fontana Gruppo](https://endata.com/companies/83272.md) (acquirer)
- [Right Tight Fasteners](https://endata.com/companies/83273.md) (target)

## Sources

- [economictimes.indiatimes.com](https://economictimes.indiatimes.com/industry/auto/auto-news/fasten-your-seatbelts-italian-firm-to-acquire-nashik-based-right-tight-fasteners/articleshow/118691610.cms), 2025-03-04: "In one of the largest foreign investment deals in India's auto parts industry, Fontana Gruppo is buying a majority in Nashik-based Right Tight Fasteners (RTF) that will give the Italian company a bigger presence in the Asian market."

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