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Centum Electronics to acquire plastics and defense & aerospace business of CIPL

07 Nov 2015 Evaluate

Centum Electronics (Centum) has decided to acquire the plastics and defense & aerospace division business of Centum Industries (CIPL). The board of company at its meeting held on November 06, 2015 has approved for the same.

Centum Electronics is basically engaged in designing and manufacturing of advanced electronics systems, subsystems, and components. These products cater to various segments such as communications, military, space, automotive and industrial electronics.

Peers
Company Name CMP
Hindustan Aeronaut. 4831.20
Bharat Electronics 398.50
Aequs 228.75
Astra Microwave Prod 1624.95
DCX Systems 163.10
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