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.

Welspun Corp, through subsidiary Mahatva Plastic Products, completed the acquisition of insolvent Sintex-BAPL for Rs 1,251 crore on March 29, 2023. The deal was made under an NCLT-approved resolution plan.

Westport Fuel Systems signed definitive agreements with partner UNO MINDA to sell the assets of its subsidiary Rohan BRC Gas Equipment to their 50/50 joint venture Minda Emer Technologies, consolidating CNG production in Manesar, Haryana.

Korean Hanon Systems acquired the global fluid pressure and controls business of Magna International for a global deal value of US$1.2 billion. Kochhar & Co advised on the Indian leg of the transaction, as reported on 1 March 2019.

Fiem Industries, Aisan Industry and Toyota Tsusho signed a joint venture agreement to manufacture fuel pump modules and IC connectors for two- and three-wheelers in Rajasthan, with initial share capital of Rs. 1 billion and production starting April 2019.

Timken India Ltd., a majority-owned subsidiary of The Timken Company, agreed to merge with ABC Bearings Ltd., a maker of tapered, cylindrical and spherical roller bearings based in Mumbai with plants in Bharuch and Dehradun, in a share-based deal subject to Indian approvals.