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Auto-parts firm Remsons to snap up British components maker

By Narinder Kapur

  • 08 Sep 2020
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Auto-parts firm Remsons to snap up British components maker
Credit: 123RF.com

Remsons Industries Ltd, a Mumbai-based automotive components maker, has entered into a binding agreement to acquire a United Kingdom-based manufacturer. Remsons has emerged as the top bidder to acquire Magal Cables Ltd as well as its associates, subsidiaries and joint ventures from Arlington Industries Group. The deal value – which is subject ......

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