Arvind Dham-led Amtek Auto Ltd, backed by investors like Warburg Pincus and ChrysCapital, has struck a deal to acquire business interests of Germany's Neumayer Tekfor Group for an undisclosed amount.
FRANKFURT (Reuters) - Loss-making Indian car parts maker Amtek Auto is looking to sell its German unit Tekfor, a business with sales of more than 500 million euros ($554 million), two people familiar ...
Indian supplier group Amtek Auto has acquired the Germany-based turbocharger housings manufacturer Zelter GmbH. The acquisition, to be undertaken in two phases, will cost Amtek Auto about €30 million.
Indian auto parts maker Amtek Auto on Wednesday said it had acquired UK-based rival Triplex-Ketlon Group, consolidating its precision machining operations into one of ...
Challenging the August 16 liquidation order, the lenders led by Corporation Bank told the SC that the appellate tribunal had failed to uphold the tenets of IBC to resolve a financially viable entity.
NEW DELHI (Reuters) - Amtek Auto(AMTK.NS) said on Monday it has appointed investment bank Morgan Stanley(MS.N) to advise the company on its debt reduction plan, which includes a minority stake sale of ...
Amtek Auto Ltd, once among India’s leading automotive component manufacturers, began as a rising auto-components manufacturer. It then embarked on an aggressive acquisition spree overseas (including ...
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Amtek Auto Ltd., an Indian auto-parts maker that reported a “temporary cash flow mismatch” last month, said it’s in discussions with lenders to restructure its debt. The company is due to redeem its 8 ...