Tag: CIM Tools Private Limited

Motherson Sumi Systems Ltd acquires majority stake in Bengaluru-based CIM

Motherson Sumi Systems Limited (MSSL) announced the acquisition of a majority stake in CIM Tools Private Limited, a Bengaluru-based aerospace supply chain company. This milestone acquisition will mark MSSL’s entry into the aerospace industry, the company said in its statement. MSSL will acquire 55% stake from the promoters of CIM Tools Private Limited (CIM). CIM…