M&A
Pitti Engineering acquires Dakshin Foundry for Rs.153-Cr
Publicly-listed, Hyderabad-based Pitti Engineering has acquired 100% stake in Dakshin Foundry for INR 153.12 crore.Dakshin Foundry manufactures casting in ductile iron, grey iron, low carbon, alloy steel grades. It has two plants located in Hosakote, Bengaluru, and has an installed capacity of 4,200 tonnes per annum.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
