Uno Minda, N K Minda Group, has acquired 100pc shares of Clarton Horn S.A.U., Spain from PMAn Domestic AG, an entity affiliated to Quantum Kapital on April 15, 2013.The estimated cost of the acquisition is Euro 7.5 million approx. It is to be mentioned that Clarton Horn has a manufacturing plant in La Carolina, Spain. It has a small setup in Morocco to cater to the African Market, with sales Offices in Brazil, France, Germany and Korea. It manufactures Trumpet Horns, Disc Horns and Electronic Horns. Clarton Horn is a leading manufacturer of automotive electronic horns, supplying to all major OEMs in Europe. This strategic acquisition has positioned UNO Minda amongst the top two horn manufacturers in the world. The transaction is financed through debt and internal accruals. All legal and statutory approvals have been obtained.
Energizer and Assurance Intl Limited have collaborated on a new line of automotive oil that will be sourced, manufactured, and distributed in India to complement the existing STP product portfolio in ...
The Uno Minda D-90 horn has a two-year manufacturing warranty and is competitively priced between Rs 295 and Rs 855. It can be conveniently purchased from a variety of top-tier online and offline reta...
A two-stage side airbag from ZF Lifetec uses the milliseconds before an unavoidable crash to build up valuable distance and better protect the occupants.