Motherson Sumi Systems to acquire Bombardier's UK rolling stock electrical biz for 10.87 mn pounds
As per the deal, MRSS will enter into a lease agreement for the part of Bombardier's Derby site currently occupied by the business and will continue to operate the business with its current employees, it added.
MSSL through PKC Group, acquired in March, 2017, is engaged with the manufacturing of wiring harnesses for rolling stock, mainly in Europe and North America. Image source: Reuters