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.