Through its step down subsidiary - Titagarh Firema Adler
Titagarh Wagons announced that it has successfully closed the acquisition of the business of Firema Transporti S.p.a on 09 July 2015. The business has been acquired through its step down Italian subsidiary, Titagarh Firema Adler S.p.a, registered in Milano.The acquisition of the business has been done in partnership with a leading Italian group, Adler Plastic Spa which will hold 10% equity stake in the Italian Company and Paolo Scudieri will be director in Titagarh Firema Adler.
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