Belrise Industries Merger & Restructuring Worth ₹53.82 Cr
Belrise Industries has entered a Business Transfer Agreement to acquire Hyva India's Tipper Body business for $5.65 million (approx. ₹53.82 Crore) on a slump sale basis.
- Value
- ₹53.82 Cr
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Belrise Industries has entered a Business Transfer Agreement to acquire Hyva India's Tipper Body business for $5.65 million (approx. ₹53.82 Crore) on a slump sale basis.
Belrise Industries Limited acquired Hyva India's Tipper Body Business for USD 5.65 million (₹53.68 Crore). The slump sale acquisition includes three manufacturing facilities in India.
Belrise Industries has approved the acquisition of India Tipper Body business from Hyva (India) Pvt. Ltd for ₹54.39 Crore. The slump sale expands Belrise's commercial vehicle portfolio.