Parts & Components

Schaeffler India acquires aftersales B2B e-commerce platform Koovers

Schaeffler India Limited (BSE: 505790, NSE: SCHAEFFLER) today announced that the Board of Directors has approved the acquisition of 100 percent of the shares of KRSV Innovative Auto Solutions Private Limited (in the following “Koovers”), a Bengaluru-based private limited company offering spare parts solutions to Indian aftermarket workshops via a B-to-B e-commerce platform. This acquisition presents an ideal […]

Parts & Components

Bosch to acquire 12% shares in Husqvarna

Aim is to strengthen existing partnerships within the “Power for All Alliance” Bosch has agreed to acquire shares in the long-established Swedish company Husqvarna AB. The acquisition will increase its shareholding to roughly 12 percent in the company’s share capital in total. Husqvarna is listed on Nasdaq Stockholm. In acquiring these shares today, Bosch intends […]

Service & Maintenance

TVS Automobile Solutions to acquire Mahindra First Choice

In a share swap transaction, Mahindra & Mahindra will secure a stake in TVS Automobile Solutions, thus empowering the partners and employees to drive growth through digital solutions Mahindra First Choice Services Ltd. (MFCSL), the well-known pan-India chain of multi-brand car and two-wheeler service workshops, part of the Mahindra Group, announced a plan to integrate […]