Amtek Auto acquires Triplex-Ketlon
Amtek Auto acquires Triplex-Ketlon, a automotive precision machining company.
Amtek Auto Ltd has acquired one of the largest automotive precision machining companies. The Triplex-Ketlon Group, which was also Amtek's strongest competitor, runs close to 185 different machining lines and has a multi-location presence in the UK.
With a sales revenue of $152 million per annum, Triplex-Ketlon is one of UK's large independent precision machining companies. This acquisition further consolidates the Amtek's presence in Europe's automotive scene and makes its combined precision machining operations the largest in the UK and probably one of the largest in Europe.
RELATED ARTICLES
Cosmo First diversifies into paint protection film and ceramic coatings
The Aurangabad, Maharashtra-based packaging materials supplier is leveraging its competencies in plastic films and speci...
JSW MG Motor India confident of selling 1,000 M9 electric MPVs in first year
The 5.2-metre-long, seven-seater luxury electric MPV, which will be locally assembled at the Halol plant in Gujarat, wil...
Modern Automotives targets 25% CAGR in forged components by FY2031, diversifies into e-3Ws
The Tier-1 component supplier of forged components such as connecting rods, crankshafts, tie-rods, and fork bridges to l...




By Autocar Pro News Desk
03 Dec 2007
4941 Views
Autocar Professional Bureau
