• PCL (International) Holding B.V., Netherlands
    • PCL Brasil Automotive Ltda.
    • MFT Motoren und Fahrzeugtechnik GmbH
    • EMOSS Mobile Systems B.V.
  • MEMCO Engineering Private Limited

MFT Motoren und Fahrzeugtechnik GmbH

(More Information - https://mft-cunewalde.de/)

  • March 22, 2018: Precision Camshafts Ltd. established niche manufacturing footprint in Germany by acquiring 76% shares in MFT Motoren und Fahrzeugtechnik GmbH (MFT), through its wholly owned Dutch subsidiary PCL (International) Holding B.V.
  • PCL is proud to announce its first foreign acquisition with the taking over of niche component manufacturer, MFT. The acquisition will help strengthen PCL's critical machining capabilities and diversify into a new product range.
  • MFT, based in Cunewalde, Germany, is a renowned tier 1 supplier of machined components to leading OEMs including Volkswagen, Audi, Opel, BMW, etc. The company posted a turnover of Rs. 160 crores in 2017 with potential to grow the business significantly in the years to come. MFT's key products include Balancer shafts, Camshafts, Bearing Caps, Engine Brackets and several non-engine Prismatic components.
  • PCL's global sales & technical network, know-how in manufacturing, automation, lean concepts and strong financial bandwidth will support MFT's growth.
 
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EMOSS Mobile Systems B.V.

(More Information - http://www.emoss.nl/en/)

  • May 17, 2018: PCL announced acquisition of Dutch electric driveline maker Emoss through its wholly owned Dutch subsidiary, PCL (International) Holding B.V. This is the third strategic acquisition by PCL in a period of eight months in line with its long-term growth strategy. Based in Netherlands, Emoss, is a renowned manufacturer and supplier of complete integrated electric drivelines for trucks and buses to leading OEMs and end-users including DSV, Ferrovial, Geesink Norba, Heineken, Mellor and Waste Management New Zealand.
  • PCL has acquired 51% Equity Shares of EMOSS Mobile Systems B.V. Netherlands (“Emoss”) at €7.358 million (~58 crore INR). The acquisition has been funded through a combination of loan sanctioned by Bank of Baroda, London and investments made by PCL through its internal generation in PCL Netherlands. Emoss has visibility to scale business 5 times in the 4 years.
 
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MEMCO Engineering Private Limited

(More Information - http://www.memcoindia.com/)

  • October 10, 2017: As a part of its inorganic growth strategy, Precision Camshafts Limited turned into a diversified component manufacturer, with the acquisition of MEMCO Engineering Private Limited. With the introduction of niche automotive engine & non-engine components and instrumentation parts, PCL has unbolted several pathways on the way of future growth and success. MEMCO, based in Nasik, India, is a renowned precision machinist of critical components, has a capacity to produce 10.7 million precision components, with its key products being fuel injection components for the conventional and CRDi diesel engines, brake components, high pressure diesel injector connectors for the naval ships and high precision instrumentation components. It is a financially strong company with a consistent CAGR of 18.5% for over last 4 years, having a turnover of Rs. 30 crore in FY17. PCL’s technical network, global sales & financial bandwidth will aid MEMCO take up larger development programs and to export its products.
 
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CONTACT

PRECISION CAMSHAFTS LTD.

CIN : U24231PN1992PLC067126

Regd. Office - (UNIT-I) - E 102 / 103 M I D C, Akkalkot Road, Solapur 413006, Maharashtra, India.
(UNIT-II) - E 90 M I D C, Akkalkot Road, Solapur 413006, Maharashtra, India.
(EOU) - D5, D6, D7, D7 / 1 M I D C Chincholi, Dist. Solapur, 413255, Maharashtra, India.
Phone: + 91 217 3295433/ 34/ 35
Fax: + 91 217 2653398
Email: info@pclindia.in


 

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