Auto components co. Kaizen CNC Centre sees Rs.110-Cr management buy-in
Bangalore-based Kaizen CNC Centre Private Limited has witnessed a management buy-in with the backing of financial investors for over INR 110 crores. Singhi Advisors acted as the exclusive Strategic and M&A Advisor to the target company.Incorporated in 2004, Kaizen CNC Centre Private Limited is a precision components manufacturer that supplies to Tier 1 automotive companies and OEMs in hydraulics, pneumatic and general engineering. Clients include companies such as Bosch India, Bosch Rexroth, BorgWarner, Aerostar Manufacturing, SEG Automotive and Delphi-TVS, amongst others. The company generates 60% of its revenue through exports.The target has 2 units equipped with state of art CNC turning centres, Turn mill centres, Vertical machining centres, Special purpose machines (SPM) for Drilling and Milling, Centreless and Surface Grinding machines and Honing Machines.
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