Pennar Industries’ wholly owned subsidiary -- Pennar Gmbh, Germany has entered into share purchase agreement with Serge DUMAS on July 13, 2022 to acquire 100% equity in Cadnum SARL.
Cadnum is an engineering & precision machining company which was established in 1988. The facility is based out of Villebret, France. The company will help Pennar in entry into aerospace OEM supply.
Pennar Industries is one of India’s leading industrial organizations offering specialized, engineering steel solutions. The company is a multi-location, multi-product company manufacturing cold rolled steel strips & tubes, cold rolled formed sections, electrostatic precipitators, pre-engineered building systems, sheet metal components and road safety systems.
Company Name | CMP |
---|---|
JSW Steel | 905.05 |
Tata Steel | 174.85 |
SAIL | 162.40 |
Jindal Stainless | 712.35 |
Jindal Saw | 554.00 |
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