Remsons Industries signs definitive agreements to acquire assets of Magal Cables, stakes of Woolford Properties

22 Oct 2020 Evaluate

Remsons Industries has signed definitive agreements to acquire assets of Magal Cables and shares of Woolford Properties. The company is one of the major suppliers of Magal Cables. Acquisition gives company access to key global OEMs.

Remsons Industries is engaged in the manufacture of cables, flexible shafts, gear shift systems, push pull cables and park brake mechanisms. The product range of the company includes Cables- The company manufactures cables for two-wheelers, three-wheelers, four-wheeler, commercial vehicles, construction equipments, mining equipment and farm equipments.

Remsons Inds Share Price

929.20 30.30 (3.37%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
SamvardhanaMotherson 117.05
TVS Holdings 8104.15
Bosch 30046.25
UNO Minda 687.00
Varroc Engineering 511.25
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