Ashok Minda Group acquires German company

The Ashok Minda Group has announced the completion of acquisition of Aksys, Koengen in Germany. Aksys, Koengen is one of Germany’s leading specialist composite moulding manufacturers and one of the major supplier of components to Daimler, VW Group, Renault, PSA and GM.

22 Oct 2010 | 7215 Views | By Autocar Pro News Desk

The Group has acquired 100 percent of Aksys, plant Koengen and rechristened it as Minda Schenk Plastic Solutions GmbH, Plant Koengen. This is the fourth major acquisition by the Group in Germany its sixth in Europe. Over the past few years, the Ashok Minda Group has acquired German auto component ...

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