Craftsman Automation’s Wholly Owned Subsidiary-- Craftsman Germany GmbH has incorporated Wholly Owned Subsidiary (WOS) by name Craftsman Fronberg Precision GmbH in Germany on August 27, 2026. Accordingly, Craftsman Fronberg Precision GmbH has become a Step-Down Wholly Owned Subsidiary of Craftsman Automation with effect from August 27, 2026.
Craftsman Fronberg Precision GmbH has been incorporated for undertaking machining and processing activities relating to engine and engineering components. The incorporation is intended to support the development of in-house machining capabilities, strengthen operational flexibility and support future growth of the Group's Germany operations.
Craftsman Automation is a diversified engineering company with vertically integrated manufacturing capabilities, engaged in three business segments, namely powertrain and other products for the automotive segment (automotive -powertrain and others), aluminium products for the automotive segment (automotive - aluminium Products), and industrial and engineering products segment (industrial and engineering).
