Sona Comstar Acquires Escorts Kubota’s Railway Business, Enhancing Its Position in Rail Equipment Sector

Sona Comstar acquires Escorts Kubota’s railway business, enhancing its position in rail equipment sector

Sona Comstar has completed the acquisition of Escorts Kubota’s Railway Equipment Business Division in a Rs. 1,600 crore… The post Sona Comstar acquires Escorts Kubota’s railway business, enhancing its position in rail equipment sector appeared first on .

Sona Comstar completes the acquisition of Escorts Kubota Limited’s Railway Equipment Division - Auto Components India

Sona BLW Precision Forgings Ltd. (Sona Comstar) has acquired the Railway Equipment Division (RED) of Escorts Kubota Limited. This acquisition was completed as a going concern on a slump sale basis. RED is a prominent supplier of critical components for railways, including brakes and suspension systems for various rolling stocks. RED reported revenues of INR 913 crore and PBT of INR 188 crore in FY25. Sona Comstar entered into an agreement with E…