Taurus acquisition

Taurus Flexibles JV Cikautxo

  • Deal Stage:  closed transaction
  • Service:  sell
  • Sector: Industrials and Manufacturing
  • Sub-sector: Other Industials
  • Contact Email: fazal@merisis.in

Description

Taurus Flexibles have announced their strategic association with Spain based Cikautxo s. Coop and Mondragon S. Coop to augment the manufacturing of rubber and plastic hoses for the automotive segment for international and domestic markets. This tie-up is being achieved by the acquisition of 50% stake in Taurus’ wholly owned EOU subsidiary in Pune created from the transfer of assets from the parent group.

Members of this Deal

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Fazal Ahad
Asia
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