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Gabriel India acquires Marelli Motherson's assets for ₹60 crore
short by / on Monday, 27 January, 2025
Gabriel India announced its strategic acquisition of assets from Marelli Motherson Auto Suspension Parts. The acquisition includes 3.2 million shock absorbers and 1 million gas spring units. Gabriel India stated that the cost of the acquisition under the Asset Purchase Agreement is around ₹60 crore.
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