JK Tyre and Industries completes INR 2195 crore acquisition of Cavendish Industries

Q.  JK Tyre and Industries has completed INR 2195 crore acquisition of which unit of the Birla Group firm Kesoram Industries?
- Published on 19 Apr 16

a. Cavendish
b. Century Textiles
c. Mangalam Cement
d. UltraTech

ANSWER: Cavendish
 
This is a unit of BK Birla Group firm Kesoram Industries. With the acquisition of Cavendish Industries, the group has strengthened its position in the bus and truck radial segment. CMD Raghupati Singhania said the acquisition will enhance productivity.

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