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Bharat Forge plans to acquire company based out of North America

15 Nov 2016 Evaluate

Bharat Forge is planning acquire a target entity based out of North America, engaged in automotive and industrial forgings, through its wholly owned subsidiary, Bharat Forge America Inc., USA. In this regard, the company has scheduled the meeting of Finance and Risk Management Committee on November 18, 2016.

Bharat Forge is engaged in manufacturing of close die and open die forging, crankshafts, front axle beams, steering knuckle, connecting rods, rocker arm and many more components.

Peers
Company Name CMP
Bharat Forge 1851.10
Ramkrishna Forgings 677.95
MM Forgings 525.40
Happy Forgings 1872.95
Balu Forge Inds. 476.75
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