Warburg Pincus completed the acquisition of a 70% stake in Imperial Auto Industries.

Warburg Pincus, a private equity firm, completed the acquisition of a 70% stake in Imperial Auto Industries, a manufacturer and assembler of fluid transmission products. Financial terms were not disclosed. "The investment will help us fund our future growth plans which include capacity expansion, creation of best-in-class facilities for domestic and export clients and acceleration of EV-related product development. Our association with Warburg Pincus should enable us to further attract high-quality talent to Imperial and bring new capabilities to the market," Tarun Lamba, Imperial Auto Managing Director and CEO.