MoneyWorks4Me

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 3653.55
Timken India 2865.80
SKF India 1434.80
NRB Bearings 514.15
Menon Bearings 287.85
View more..