Dhoot Transmission acquires San Electromec

NEW DELHI: Auto component maker Dhoot Transmission on Monday said it has acquired Bengaluru-based wire harness and control panel maker, San Electromec for an undisclosed sum. The Aurangabad-headquartered manufacturer of wiring harness for two-wheelers said the acquisition will help it enhance its portfolio, especially in railways, defence, construction and specialty vehicle segments. The company, however, did not share financial details and the quantum of stake acquired.