Mergers & Acquisitions
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Opportunity India Desk Sep 03, 2018 - 1 min readSchaeffler India, the maker of rolling bearings and linear products, will infuse about 40 million euro each for expansion in India in 2018 and 2019. The firm is also hoping to complete the merger of its group companies by end of the year. The three companies which are present in India under the group are ...
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Opportunity India Desk Aug 30, 2018 - 1 min readThe leading brands Ferns N Petals Events and KWAN have collaborated to package and curate experiences for social events under the banner ‘FNP KWAN’. The event giants have joined hands to take event and entertainment sector to the next level. Ferns N Petals has gained the reputation of being one of the largest player in ...
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Opportunity India Desk Aug 30, 2018 - 1 min readGreyOrange, a Singapore-based robotics company that makes its robots in India, is now expanding to the US, and is establishing its US headquarters in Atlanta, Georgia. The company says it will deploy 740 robots in Atlanta. GreyOrange also plans to manufacture and deploy 20,000 more robots in the next three years in the US. The ...
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Opportunity India Desk Aug 27, 2018 - 1 min readMritunjay Singh, CEO, Arizona Gov. Doug Ducey and AXISCADES, announced on 24th August 2018 that the company will expand to Tucson, in order to fill mechanical and electrical engineering positions. Bangalore based company is looking to fill the jobs in sectors like construction, mining, and aerospace. The company is looking to achieve its target within ...
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Opportunity India Desk Aug 21, 2018 - 1 min readStar Health and Allied Insurance is being acquired by ace stock market investor Rakesh Jhunjhunwala and a consortium of private equity firms WestBridge Capital and Madison Capital. The buying consortium, Safecrop Holdings Pvt. Ltd., will acquire shares from Star Health Investments Pvt. Ltd. and funds managed or advised by ICICI Venture, Tata Capital and Apis ...
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Opportunity India Desk Aug 21, 2018 - 1 min readDelhi-based Crystal Crop Protection Ltd has acquired insecticide and herbicide brands, including Furadan, Splendour, Metcil and Affinity Force, from US-based diversified chemical company FMC Corporation. The company said that the acquisition of brands will strengthen the agrochemical company’s product portfolio. Ankur Aggarwal, managing director at Crystal Crop, said, “We are open to more such inorganic ...
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Opportunity India Desk Aug 20, 2018 - 1 min readDeciding to postpone its entry into the food space at the moment, Emami has dropped plans to acquire GSK's Horlicks and Kraft Heinz’s Complan and Glucon-D. The company would instead invest in FMCG startups to gain expertise in targeting millennial consumers, selling through e-commerce firms and modern trade. Harsha V Agarwal, Emami’s Director, said, “We ...
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Opportunity India Desk Aug 20, 2018 - 1 min readHaving three smart TV models in India, Xiaomi is planning to expand its television range in the country. At present, the 3 TV models that Xiaomi offers come in screen sizes of 55, 43 and 32 inches, which costs Rs 44,999, Rs 22,999 and Rs 13,999, respectively. The company will continue with aggressive pricing by ...
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Opportunity India Desk Aug 18, 2018 - 1 min readDrunken Monkey is planning to expand its business over the coming years. It eyes to open 150 smoothie bars in 2019 and reach up to 10,000 smoothie bars by 2025. The company will spend Rs 50 crore to aid the expansion plans. Currently having 60 outlets in 16 Indian cities, Drunken Monkey offers over 170 ...
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Opportunity India Desk Aug 16, 2018 - 1 min readBerjaya Food Bhd (BFood) is expanding its business by opening 30 Kenny Rogers Roasters (KRR) restaurants and 75 Jollibean kiosks in India. The outlets will progressively roll out within the next 5 years as BFood and India's World Iconic Brands Hospitality Pte Ltd (WIB) signed a memorandum of understanding (MoU) for the expansion of the brands. ...