Precision Camshafts (PCL) has acquired remaining 5% Equity Shares in MEMCO Engineering, having registered office at F-5, Satpur MIDC, Nashik, Maharashtra. The company had earlier acquired 95% equity shares of MEMCO with the objectives of expanding its business operations. After acquisition of balance 5% equity shares from the existing shareholders, MEMCO is wholly owned subsidiary of PCL.
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.
| Company Name | CMP |
|---|---|
| SamvardhanaMotherson | 131.95 |
| Tube Investments | 3048.15 |
| Bosch | 38138.45 |
| UNO Minda | 1178.05 |
| CIE Automotive India | 474.85 |
| View more.. | |
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