Sintex subsidiary buys Nero Plastics

摘要

WAUSAUKEE Composites mc,USA (WCI),a downstream subsidiary of Gujarat-based Sintex Industries,has acquired Nero Plastics Inc.Founded in 1980,Michigan-based Nero Plastics is a custom moulder of low and medium volume structural plastic and composite components and has two facilities.With this acquisition,Sintex's market share in the US electrical business will go up to 30% from the present 11%.