Amtek Auto has acquired German based Scholz Edelstahl GmbH (Scholz) through its 100% Singapore based subsidiary Amtek Precision Engineering.
Scholz is a leading high quality hot die forgings manufacturer for the auto and non-auto component industries. It is also engaged in the special steel trading business which will enable backward integration with all of Amtek Group’s international business.
Amtek Auto manufactures components such as connecting rod assemblies, flywheel ring gears and assembly, steering knuckles, suspension and steering srms, CV joints, crankshaft assemblies and torque links. It is backed by in-house design and development facilities engaged in developing new product and processes.
Amtek Auto is currently trading at Rs. 154.60, up by 5.90 points or 3.97% from its previous closing of Rs. 148.70 on the BSE.
Scholz is a leading high quality hot die forgings manufacturer for the auto and non-auto component industries. It is also engaged in the special steel trading business which will enable backward integration with all of Amtek Group’s international business.
Amtek Auto manufactures components such as connecting rod assemblies, flywheel ring gears and assembly, steering knuckles, suspension and steering srms, CV joints, crankshaft assemblies and torque links. It is backed by in-house design and development facilities engaged in developing new product and processes.
Amtek Auto is currently trading at Rs. 154.60, up by 5.90 points or 3.97% from its previous closing of Rs. 148.70 on the BSE.
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