UNO Minda through its wholly owned step-down subsidiary -- Minda industries Vietnam Company has completed the acquisition of e-Drives Business Assets in Vietnam from Friwo Vietnam Company.
Earlier, the company had completed the acquisition of e-drive business assets, Intellectual Property (IP) Rights, the know-how and R&D Team relating to the e-Drives Business technologies including the required control hardware and service software located at Germany, from Friwo Group Entities.
Uno Minda is engaged in the business of manufacturing of auto components including auto electrical parts and its accessories and caters to both domestic and international markets.
