MoneyWorks4Me

Sterlite Technologies to acquire entire stake in Metallurgica

07 Jul 2018 Evaluate

Sterlite Technologies through its wholly owned subsidiary Italian Sterlite Technologies will acquire entire stake in Metallurgica Bresciana (Metallurgica). The company’s target firm is a privately held company focused on bringing specialised cabling solutions for various network applications across industry segments.

Metallurgica designs and manufactures special precision optical fibre cables and specialised copper cables for various communication applications.

Sterlite Technologies is a global technology leader that designs, builds and manages smarter digital networks. Sterlite Tech engages with customers in more than 100 countries, with a digital web-scale offering across products, services and software.

Peers
Company Name CMP
Polycab India 8216.40
KEI Industries 4579.05
RR Kabel Ltd. 2603.55
Finolex Cables 1395.70
Precision Wire India 443.05
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