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Bottomline: Warburg-backed Imperial Auto revs up revenue growth, faces margin pressure

Imperial Auto Industries Ltd, an auto component maker controlled by US private equity firm Warburg Pincus, accelerated its revenue growth in the financial year through .. ....

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Imperial Auto buys ContiTech hose assets in Mexico

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INDIANAPOLIS Imperial Auto Industries Ltd., based in India with a North American auto parts facility in Indianapolis, said May 20 it has acquired a portion of industrial molded hose assets from ContiTech Fluid Mexicana S.A., based in Delicias, Mexico.
Imperial said it plans to move the production equipment to India, where it will increase capacity at its four existing production facilities there, which produce a combined 150,000 hoses per day.
Terms of the transaction were not immediately disclosed, and it was not clear what specific production equipment was purchased by Imperial.
We intend to be a leader in the off-highway fluid transmission segment with continual large-scale investments targeted at capacity, cleanliness for hydraulic systems, forming technologies, EV (and) new developments, Imperial CEO Tarun Lamba said in a statement. While many traditional hose and tube makers are reducing capital spending in the industrial fluid transfer segment, we a ....

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