SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Pricol to acquire 99.99% stake in Brazil based auto component manufacturing company

12 Dec 2014 Evaluate

Pricol has received an approval to acquire 99.99% of stake in a Brazil based auto component manufacturing company through its wholly owned subsidiary incorporated in Spain. The board of directors at their meeting held on December 11, 2014 has approved for the same. The aforesaid company in Brazil achieved sales revenue of Rs 301.10 crore during the calendar year 2013.

This acquisition will enable the company to make a foray into the Brazilian Auto Component Industry. The aforesaid acquisition is expected to be completed by the end of January 2015.

Pricol is engaged in the manufacture and export of a complete range of automotive components starting from instrument clusters, dashboard meters, fuel sensors, oil pressure switches, speedometer drive cables, fuel cut off valve, filter suction, etc.

Peers
Company Name CMP
SamvardhanaMotherson 129.30
Tube Investments 2961.00
Bosch 38320.00
UNO Minda 1142.35
CIE Automotive India 470.80
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×