Through its German subsidiary, CDP Bharat Forge GmbH
Bharat Forge announced that its German subsidiary, CDP Bharat Forge GmbH, has acquired 100% equity shares of Mecanique Generale Langroise (MGL), France. MGL primarily caters to premium global oil & gas customers, all of whom are already customers of Bharat Forge. The transaction value is EUR 11.8 million.MGL is a technology oriented company focused on precision machining and other high value added processes like cladding for critical application in oil & gas industry.
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