{"id":7624,"date":"2016-02-02T10:54:26","date_gmt":"2016-02-02T10:54:26","guid":{"rendered":"http:\/\/mfgtechupdate.com\/?p=7624"},"modified":"2016-02-02T10:54:26","modified_gmt":"2016-02-02T10:54:26","slug":"wendt-india-to-acquire-star-diamond-tools","status":"publish","type":"post","link":"https:\/\/mfgtechupdate.com\/wendt-india-to-acquire-star-diamond-tools\/","title":{"rendered":"Wendt (India) to acquire Star Diamond Tools"},"content":{"rendered":"<p>Wendt (India) Ltd, part of Murugappa Group, has entered into an agreement with a leading Diamond Tool manufacturer, Star Diamond Tools Pvt. Ltd for the acquisition of the Diamond Dressing Tools business.<\/p>\n<p>The value of the transaction envisaged is approximately Rs 3 crore and the conclusion of the transaction is subject to fulfilment of certain conditions in due course.<\/p>\n<p>This acquisition is proposed to be made to enhance the company&#8217;s offerings in the field of stationery dressers. It would augment Wendt&#8217;s existing manufacturing capability and capacity.<\/p>\n<p>Star Diamond Tools Pvt. Ltd is a closely held company having its manufacturing facility in Deonar, Mumbai. It was promoted by Girish Zaveri a pioneer in this field for over 50 years. The company is a leader in its field in India and exports its products to the US and Europe.<\/p>\n<p>The article was first appeared on\u00a0<a href=\"http:\/\/www.business-standard.com\/article\/companies\/wendt-india-to-acquire-star-diamond-tools-116012900853_1.html\">www.business-standard.com<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wendt (India) Ltd, part of Murugappa Group, has entered into an agreement with a leading Diamond Tool manufacturer, Star Diamond Tools Pvt. Ltd for the acquisition of the Diamond Dressing Tools business. The value of the transaction envisaged is approximately Rs 3 crore and the conclusion of the transaction is subject to fulfilment of certain [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7626,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32,120,1],"tags":[1280,1483],"class_list":["post-7624","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cnc","category-tool","category-uncategorized","tag-star-diamond-tools","tag-wendt"],"_links":{"self":[{"href":"https:\/\/mfgtechupdate.com\/wp-json\/wp\/v2\/posts\/7624","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mfgtechupdate.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mfgtechupdate.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mfgtechupdate.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mfgtechupdate.com\/wp-json\/wp\/v2\/comments?post=7624"}],"version-history":[{"count":0,"href":"https:\/\/mfgtechupdate.com\/wp-json\/wp\/v2\/posts\/7624\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mfgtechupdate.com\/wp-json\/wp\/v2\/media\/7626"}],"wp:attachment":[{"href":"https:\/\/mfgtechupdate.com\/wp-json\/wp\/v2\/media?parent=7624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mfgtechupdate.com\/wp-json\/wp\/v2\/categories?post=7624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mfgtechupdate.com\/wp-json\/wp\/v2\/tags?post=7624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}