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Dynamatic Technologies executes agreement with Hi-Tech Arai

22 Nov 2018 Evaluate

Dynamatic Technologies has executed definitive sale agreement with Hi-Tech Arai, along with substantial advance payment. The Business Transfer is expected to be executed during December 2018.

Dynamatic Technologies is the largest producer of Hydraulic Gear Pumps in Asia and one of the top five worldwide. The company designs and builds highly engineered products for Automotive, Aeronautic, Hydraulic and Security applications.

Peers
Company Name CMP
Kirloskar Brothers 1718.65
Elgi Equipments 551.75
Shakti Pumps (India) 359.35
KSB 661.65
Oswal Pumps 216.25
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