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Precision Camshafts gets nod to acquire MEMCO

11 Oct 2017 Evaluate

Precision Camshafts has received an approval for acquisition of MEMCO Engineering (MEMCO), precision component maker based in Nashik, Maharashtra. The board of directors at its meeting held on October 10, 2017 has approved for the same.

Precision Camshafts is one of the world’s leading manufacturers and supplier of camshafts, a critical engine component, in the passenger vehicle segment based on its estimated global market share by volume.



Peers
Company Name CMP
SamvardhanaMotherson 161.10
Tube Investments 2175.45
Bosch 45390.00
UNO Minda 1112.45
Bombay Burmah Trdg. 1229.25
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