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Mold-Tek Technologies gets nod for two MoUs to enhance market synergies

11 Dec 2019 Evaluate

Mold-Tek Technologies has received an approval for the Memorandum of Understanding (MoU) entered into with Mangano Robot S.R.L, based in Torina, Italy, an Engineering Services company specialized in Industrial Robotics and Automation, with an intention to enhance market synergies and new client acquisitions. The Board of Directors at its meeting held on December 11, 2019, approved the same.

The Board also approved the Memorandum of Understanding for Mutual Marketing synergies entered into with DesAot Engineering LLP, an Indian Engineering Services company specialized in product development with CAE and FEA for faster growth in Mechanical Engineering Services.

Mold-Tek Technologies, earlier known as Mold-Tek Plastics, is one of the leading manufacturers of injection and blow moulded plastic items in India with sophisticated in-house toolroom facilities.

Peers
Company Name CMP
NBCC (India) 82.55
Rites 199.45
Mold-Tek Tech 203.55
Dhruv ConsultancySer 22.05
Telge Projects 270.00
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