Dhoot Transmission

Bain Capital has made a strategic growth investment in Dhoot Transmission Group, a manufacturer of automotive components, acquiring a significant minority stake. The partnership aims to support global expansion and innovation.

Dhoot Transmission, through its subsidiary Parkinson Harness Technology, announced plans to build a new factory at Kirton Distribution Park in Lincolnshire, UK. The 5,592 sqm facility will consolidate UK operations and is expected to increase employment by 50% in five years.

Aurangabad-based Dhoot Transmission has acquired Bengaluru-based San Electromec, a wire harness and control panel player specializing in railways, defence, construction and specialty vehicles, for an undisclosed sum.