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Sterlite Technologies completes acquisition of Metallurgica Bresciana

23 Jul 2018 Evaluate

Sterlite Technologies has completed the acquisition of 100% stake in Metallurgica Bresciana S.p.A., a European specialized optical cable manufacturer based in Italy on July 20, 2018.

Earlier, Sterlite Technologies’ wholly owned subsidiary - Sterlite Technologies S.p.A. had entered into a share purchase agreement to acquire a 100% stake in Metallurgica Bresciana S.p.A.

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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