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Raymond Group to Acquire business of Maini Precision Products Limited (MPPL)

Foray into sunrise sectors of Aerospace, Defense and EV components business· Strategic acquisition of 59.25% stake in MPPL business for a consideration of ₹682 crores· Acquisition being funded by mix of debt and internal accruals, Group to remain net cash positive post acquisition· Raymond Group to consolidate its engineering business of JK Files, RPAL and […]

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QuEST Global signs definitive agreement to acquire Engineering Community S. L. to accelerate engineering innovations for customers in Europe

Spanish product development specialist to add pertinent R&D capabilities and boost regional presence for QuEST.   June 12, 2018, Madrid: QuEST Global, the pioneering engineering services provider, has signed a definitive agreement to acquire Barcelona-based Engineering Community S. L. (engicom), thus adding additional sought-after capability of Research & Development in the manufacturing cycle of new products. This acquisition […]