RSB acquires US company

The $19 million buyout will help it foray into this hugely profitable market.

15 Feb 2007 | 7427 Views | By Autocar Pro News Desk

Pune-based RSB Group has acquired Miller Brothers Manufacturing Inc (MBM), based in Michigan, US, for $19 mlllion through a deal which was signed by both on November 17. This is perhaps the only acquisition by an Indian entity of a profitable company in the US unlike many auto component makers ...

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