Titagarh Wagons has acquired Italy-based Firema Trasporti to foray into metro coach and high-speed train manufacturing. The transaction entails transfer of technology, all tangible and intangible assets, and some liabilities relating to ongoing orders. With this acquisition, the company´s orderbook has increased to above Rs 2,400 crore.
Contact: Titagarh Wagons.
Tel: 033-4019 0800.