Usha Martin Ltd said its wholly owned UK unit, Usha Martin International Ltd, has bought the business of Dutch company De Ruiter Staalkabel BV.
The acquisition price was 3 mln eur, the India-based speciality steel and wire rope manufacturer told Thomson Financial News.
In a filing to the Bombay Stock Exchange, it said Ruiter Staalkabel is a distribution company having a warehouse and rigging facility.(Forbes)