Talbros divests part of materials business assets to Interface Performance

Auto component firm has also entered into a raw material sourcing pact with the US-based Interface

Premium

Talbros’ gaskets heat shields

Rakesh Rao Mumbai

Last Updated : May 25 2017 | 11:53 AM IST

The Gurgaon-based Talbros Automotive Components Ltd has decided to partially divest its non-core materials business assets to the Indian affiliate of Interface Performance Materials, the US-based manufacturer of gaskets materials. Talbros has not disclosed the financial details of the deal.

Interface Performance Materials manufactures and provides advanced materials, sealing solutions, thermal management systems and specialty products to customers worldwide for a range of applications across the heavy-duty diesel, automotive, small engine, industrial and related industries.

Talbros has also entered into a raw material sourcing agreement with Interface Performance Materials, as per which Talbros will source various gasket raw materials from Interface's Indian manufacturing

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in