Craftsman Automation to acquire a 76% stake in DR Axion for $45m.

Synopsis

Craftsman Automation, an industrial group, agreed to acquire a 76% stake in DR Axion, an automobile parts manufacturer, for $45m.

Principals

target

Dr Axion India Private

bidder

Craftsman Automation

Show Details & Financials

Did you work on this deal?

Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.

Market Context

Sort

Seller Team (1)

heejin cho

Director at DR AXION INDIA PRIVATE LIMITED

Manager

target

Deal

£ 38 M

Total Value

Bidder Team (4)

srinivasan ravi

Chairman and Managing Director at CRAFTSMAN AUTOMATION

Manager

bidder

Deals

£ 38 M

Total Value

kinshuk jhunjhunwala

Counsel at AZB & Partners

Lawyer

bidder

Deals

£ 38 M

Total Value

shriram shah

Senior Associate at AZB & Partners

Lawyer

bidder

Deals

£ 323 M

Total Value

anand shah

Partner at AZB & Partners

Lawyer

bidder

Deals

£ 2.79 B

Total Value

By continuing, you agree to our Terms & Conditions and our Data Privacy Policy