India's Bharat Forge buys German forging firm


NEW DELHI, Nov 23 (Reuters) - Indian auto parts maker Bharat Forge Ltd said it had acquired one of Germany's biggest forging firms, Carl Dan Peddinghaus GmbH (CDP), in a deal that would make it the world's second-biggest forging firm. Bharat, a leading maker and exporter of crankshafts and axles, said in a statement late on Saturday it would buy all fixed assets, inventory and business of Carl Dan Peddinghaus through a specially set up company. The firm, based in the western Indian city ...

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