Indian automobile component maker Amtek Auto Ltd said it has acquired the entire assets of UK-based JL French's (Witham) Ltd, a maker of aluminium components for automotive industry.
The company did not disclose financial details of the deal.
JL French's Witham facility's current sales are about 60 mln usd with 60 pct capacity utilization. The facility is capable of generating sales worth 120 mln usd, Amtek Auto said in a statement.
Source : Forbes