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India: Valeo buys 100% of electrical systems business

Valeo has announced that it has acquired an additional 33.3% stake in its electrical systems manufacturing venture based in Pune, India, thereby taking its holding to 100%. Valeo previously held a 66.7% stake and the N.K. Minda Group 33.3%. The company, which produces alternators and starters for passenger cars, will be Subscribe to Automotive World to … Continued

Valeo has announced that it has acquired an additional 33.3% stake in its electrical systems manufacturing venture based in Pune, India, thereby taking its holding to 100%. Valeo previously held a 66.7% stake and the N.K. Minda Group 33.3%. The company, which produces alternators and starters for passenger cars, will be

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https://www.automotiveworld.com/articles/82136-india-valeo-buys-100-of-electrical-systems-business/

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