Uno Minda completes global acquisition of Rinder Group’s lightning business  [ India ]

Uno Minda announced completion of the acquisition of the global lighting business of the Spain-based Rinder Group for EUR 20 million. The acquisition includes an 100% equity holding in Rinder India, Spain-based Light Systems and Technical Center (LSTC), and a 50% stake in Rinder Riducu, Colombia. LSTC was acquired through Global Mazinkert, a wholly-owned subsidiary of Minda Industries, while Ri...
<Jun 13, 2016>