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Schaeffler India enters into business transfer agreement with Catensys India

01 Jul 2022 Evaluate

Schaeffler India has entered into a business transfer agreement with Catensys India, for sale of the Chain Drive business of the Company, by way of a slump sale, on a going concern basis, for a lumpsum consideration of Rs 29.42 crore.

Schaeffler India has its presence in automotive and across all core industrial segments.

Peers
Company Name CMP
Schaeffler India 4040.85
Timken India 3250.00
SKF India 1541.40
NRB Bearings 530.00
Menon Bearings 298.50
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