Date:2/6/11,
M&A,
Cross broder Deal,
Dynamatic Technologies Ltd, a Bangalore based engineering firm, acquires German automotive component maker Eisenwerke Erla Gmbh from Sanmar Group for undisclosed amount. DBS Bank Ltd acted as advisor.
Eisenwerke Erla GmbH generates revenues in excess of €100 million (Rs 647 crore) between its two units located in Germany and India.
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