Bharat Forge Acquires AAM India for Growth Expansion

  Published 1 year ago

Bharat Forge acquires AAM India for Rs 189.48 crore equity, boosting component offerings with cash for growth.

  • Deal includes 100% stake in AAM India, covering CV axle business and Pune/Chennai facilities.
  • Acquisition adds Pune Engineering & Development Centre to Bharat Forge's global operations.
  • Bharat Forge strengthens OEM product solutions across the automotive, defense, and aerospace sectors.

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