Dixon Technologies to acquire majority stake in Ismartu India yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.
Dixon Technologies, a leading contract manufacturer in India, is set to acquire a majority stake in Ismartu India, a leading electronics and mobile device manufacturing firm. The company has entered into a share purchase agreement to acquire a 50.10% stake in the first tranche from Ismartu Singapore, Transsion Technology Ltd, and 5A advisors LLP. The acquisition is in line with Dixon Technologies strategy to grow in the business segment and achieve strategic goals.
Dixon Tech is design-focused and solutions company engaged in manufacturing products in the consumer durables, lighting and mobile phones markets in India.
Dixon subsidiary Padget Electronics to make Lenovo's laptops, notebooks in India devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.