Noida, India-headquartered auto ancillary company, Motherson Sumi Systems will pay over $14 million to acquire Bombardier Transportation (Rolling Stock) U.K. Limited’s assets for producing and installing electrical components and systems for the rail industry. The deal also includes acquisition of Bombardier assets to manufacture wiring harnesses, panel and cabinet build,...
Pattonair to Establish Repair Presence in India
Derby, U.K. headquartered Pattonair, a provider of supply chain services for maintenance-repair-overhaul (MRO) and airframe manufacturers, will open a wholly-owned subsidiary and support facility in Bangalore, in January 2019. Mark Ness, commercial director for India at Pattonair, said that the company will not only aim to work with customers in...