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VCI Global entered a binding term sheet to acquire a 51% controlling stake in RTCAR Mexico, a Mexico-based automotive assembly platform. The acquisition supports high-volume production for a global automotive OEM's North American expansion, with first vehicle delivery expected in Q4 2026.
VCI Global entered an agreement with Wootzano to become the exclusive distributor of Wootzano's Avarai robotic packing system in Malaysia, with minimum purchase commitments starting in 2024.