Suprajit Engineering has executed a Business Transfer Agreement (BTA) with Pricol, Coimbatore for acquisition of their Speedo Cable Business on a slump sale basis. The business has annual sales of around Rs 10 crore with major OEM’s and after market customers.
The company is in the process of transferring the plant and machinery from Pricol and will relocate the same to one of its facilities at Bangalore.
Suprajit Engineering is committed to being a world class organization, supplying cables and components to overseas and domestic customers in automobile and non-automobile sectors.
