

Bharat Forge on Friday said its wholly owned subsidiary Company, CDP Bharat Forge Holding GmBH, Germany has acquired 100 per cent equity shares of french firm Mecanique Generale Langroise (MGL).
Saint Goesmes-based MGL is engaged in precision machining and other high value added processes like cladding for critical application in the oil and gas industry.
The value of the deal is estimated at Euro 11.8 milion.
The deal focuses on consolidating Bharat Forge's position in the oil and gas space by enhancing service offerings and geographical reach.