India, Sept. 19 -- Hind Rectifiers Limited, a leading manufacturer of power semiconductors, power electronic equipment and railway transportation systems, has announced the acquisition of BeLink Solutions, a France-based robotics, EMS and electronics R&D company with 38 years of industry experience. This strategic move strengthens Hind Rectifiers' global footprint and creates a manufacturing hub in Europe to serve the fast-growing robotics and EMS markets.
Through its proposed subsidiary, Hind Rectifiers has acquired the business and operating assets of BeLink Solutions for a total consideration of EUR 1 million, fully funded in cash from internal accruals. Additionally, EUR 2 million is being infused into the subsidiary to support operati...