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MM Forgings acquires DVS Industries for Rs 4.5 crore

06 Feb 2018 Evaluate

MM Forgings has acquired DVS Industries, a leading manufacturer of crankshafts for commercial, agriculture and off-highway vehicles, for a sum of Rs 4.5 crore.

With this acquisition, the company will enhance synergies between its wide ranging capabilities in forgings and machining, and DVS Industries’ long standing expertise in machining of crankshafts.

MM Forgings is the largest steel forging company in South India having multiple facilities in India.


Peers
Company Name CMP
Bharat Forge 1735.00
Ramkrishna Forgings 694.25
MM Forgings 630.45
Happy Forgings 1684.30
Balu Forge Inds. 501.55
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