Acquiring Company
Rane (Madras) Limited
Acquired Company
Hindustan Composites
Description
Rane (Madras) Limited has completed the acquisition of Hindustan Composites' Friction Business effective August 20, 2026. This move aims to integrate the friction business into Rane's Brake Components Business to maximize operational synergies. The transition involves key leadership changes, including the appointment of Pawan Kumar Choudhary as President of the Compo Division. The acquisition is expected to enhance earnings per share from the first year.
Don't miss Rane (Madras) Limited's next move
Get an email the moment Rane (Madras) Limited makes an acquisition, hires an exec, or expands, usually minutes after it happens.
One email per event. Unsubscribe anytime.
M&A Insights
Based on deal dataFrequently asked
Who acquired Hindustan Composites?
Hindustan Composites was acquired by Rane (Madras) Limited, based in Chennai. The deal was reported on August 20, 2026. Rane (Madras) Limited is a leading automotive component manufacturer based in India. Rane (Madras) Limited is privately held and operates in Manufacturing.
When did Rane (Madras) Limited acquire Hindustan Composites?
Rane (Madras) Limited's acquisition of Hindustan Composites was reported on August 20, 2026. Rane (Madras) Limited has completed the acquisition of Hindustan Composites' Friction Business effective August 20, 2026. This move aims to integrate the friction business into Rane's Brake Components Business to maximize operational synergies. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Hindustan Composites do?
Hindustan Composites specializes in friction materials and is known for its high-quality products. The company has a strong market presence in the automotive sector. Hindustan Composites focuses on manufacturing friction discs and pads for various vehicles. It is privately held, operating in Manufacturing, and is based in India.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick. $29 a month, billed annually, and if it does not pay for itself in a year we refund it.