Amtek Auto acquires UK firm’s assets

The Gurgaon-based forging firm, Amtek Auto, has acquired the entire assets of the UK-based J L French’s (Witham), a company engaged in manufacturing high pressure die casting (HPDC) aluminium for automotive application, for an undisclosed sum.

French’s current sales revenue is $60 million with 60 per cent capacity utilisation. The facility has 18 HPDC lines having the capacity to generate sales of $120 million. More
Courtesy:www.indiacar.net

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