Amtek Auto has successfully concluded the transaction and acquired a Neumayer Tekfor Group which is engaged in the business of forging and integrated machining having 9 manufacturing units across Germany, Italy, USA, Mexico, and Brazil.
The company had entered into an agreement in March this year to acquire substantial business interests of Germany based Neumayer Tekfor (NT) Group, through its 100% subsidiary Amtek Global Technologies, a Singapore based SPV.
Amtek Auto is engaged in manufacturing of various automotive machined and forged components such as case extensions, crankshaft assemblies, gear pinions, pivot arm, connecting rod assemblies etc.
