M&A

Autocomp maker Remson to buy out Uni-Automation

Business Line  

Mumbai-based auto parts maker Remsons Industries is to buy the automotive sensor division of Pune-headquartered Uni-Automation . The deal will enable the buyer to strengthen its position as a manufacturer of complete systems with embedded sensors.KDA Corporate Advisors LLP acted as the transaction advisors and DBS Law acted as legal advisors to Remsons Industries.

Want to receive such news items in your inbox? Click Here to sign up for a trial.

2021 © TSJ Media Pvt Ltd. All rights reserved.