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Amtek India concludes acquisition of Kuepper Group

15 Mar 2014 Evaluate

Amtek India has successfully completed the transaction and acquired the Kuepper Group which is engaged in the business of Iron, Aluminium Casting and Integrated Machining having 5 manufacturing facilities across Germany and Hungary.

Last year in December, the company had entered into an agreement to acquire substantial business interests of Germany based Kuepper Group, through its 100% subsidiaries.

Amtek India, India’s largest iron casting company, is a majority owned subsidiary of Amtek Auto, the flagship company of the Amtek Group.

Peers
Company Name CMP
SamvardhanaMotherson 164.00
Tube Investments 2650.00
Bosch 48602.60
UNO Minda 1223.50
Motherson SumiWiring 36.32
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