Sahajanand Medical Technologies (SMT), based in Gujarat, India has acquired a majority stake in Brazil-based medical devices solution provider Zarek Distribuidora De Produtos Hospitalares for an undisclosed amount. SMT made the acquisition through its Irish subsidiary. Established in 2007, Zarek’s product portfolio includes interventional cardiology and endovascular products such as coronary...
Apollo Tyres Buys OH-based Cooper for $2.5 Billion
According to CNBC, India's Apollo Tyres, based in Chennai, India agreed to acquire U.S. based Cooper Tires for $2.5 billion in an all-cash transaction. Founded in 1976, Apollo has annual revenues of $2.5 billion with 59% of its revenues coming from India. This deal will make the Indian firm the...