PG Electroplast’s Wholly Owned Subsidiary -- PG Technoplast (PGTL) has entered into a ‘Definitive Agreement’ to acquire 100% stake in Next Generation Manufacturers (NGM). Pursuant to the said acquisition, NGM will become a Wholly Owned Subsidiary of PGTL.
Objects of acquisition is to avail physical infrastructure (Land, Building, Plant & Machinery), acquire manufacturing business of NGM for growth and expansion and to become a preferred outsourcing vendor for Consumer Durables and Electronics Business of Amstrad Brand.
PG Electroplast is a trusted one-stop solution provider for Electronic Manufacturing Services (EMS) and contract manufacturing to most leading consumer durable and electronics brands in India.
