Raghu Vamsi Group to acquire PMC Group for $12m.

Raghu Vamsi Group, a company specializing in high-precision and critical components, agreed to acquire PMC Group, a UK-based precision machining company focused on the oil and gas industry, for $12m. "We are thrilled to welcome PMC Group into the Raghu Vamsi family. This acquisition combines our manufacturing strengths with PMC Group’s expertise in precision machining and helps expand our global footprint," Vamsi Vikas, Raghu Vamsi Managing Director.