List of mergers and acquisitions in automotive industryMergers and acquisitions (M&A) in the automotive industry much more than doubled globally during the 1st quarter of 2018 with general bargains valued at US$ 29.eight billion, representing a 272% hike when compared to very same period of 2017. In India, it is the top supplier of two-wheeler automotive segments. Globally, it stands six th in delivering lighting solutions to four-wheel drives. The company has a international attain spread across 10 countries such as China, USA, and Germany. The 33 manufacturing facilities and 11 engineering centers are a testament to its inexhaustible portfolio. These achievements aside, Varroc is engaged in a quantity of social reforms. Its corporate social responsibilities extend to initiatives such as water conservation, wellness and safety, academic and athletic empowerment by means of scholarships, archeological conservation, rural improvement, and environmental welfare.
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From market-shifting moves like Amazon’s ( AMZN – Free Report ) buyout of Entire Foods and CVS Health’s ( CVS – Free Report ) tie-up with Aetna , to future-focused acquisitions like Gilead’s ( GILD – Totally free Report ) acquire of Vehicle-T researcher Kite Pharma and Intel’s INTC deal to acquire laptop vision firm Mobileye, 2017 had plenty of enormous M&A headlines to soak in (also read: 15 of the Very …Read more