Precision Camshafts buys out Clancey stake

This is an important part of the company's long-term strategy as it removes restrictions on direct marketing.

23 Feb 2007 | 4343 Views | By Autocar Pro News Desk

Precision Camshafts has bought out the 49 percent stake of its UK-based partner, G Clancey in Clancey Precision Components, the 100-percent export oriented joint venture. Last September, Yatin Shah, managing director, had told this correspondent that the deal would be finalised in 3-4 months. “We have set the ball in ...

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