Delta Manufacturing’s arm to sell certain business assets, stake in Pilamec
16th Sep 2021

Delta Manufacturing’s wholly owned subsidiary -- MagDev has entered into agreements with Bunting Magnetics Europe for sale of certain business assets and its stake in Pilamec. Consideration received from such sale/ disposal will be euro 1,450,000.

Delta Manufacturing is a leading hard ferrite magnet (Anisotropic & Isotropic ) manufacturer based in India.