Sundram Fasteners sold its German operating subsidiary Peiner Umformtechnik Gmbh to Hanse Industriekapital Gmbh, an industrial holding company that acquires and reorganizes corporate spin-offs. Based in Chennai, India, Sundram Fasteners and its subsidiaries manufacture fasteners for the automotive, industrial and construction industries.
Industry: Industrials and Manufacturing
Deal Type: M&A – Carve Out
Location: Chennai, India
* Transaction was completed by RA Capital Advisors' International Partners or by an RA Capital Advisors professional while working at a previous investment bank.