Over the last 12 months the auto parts sector has seen heightened funding and acquisition activity, with over 15 transactions in 2018. The focus on the sector is driven by strong tail winds driving impressive growth across vehicle segments. The strong outlook for the automotive sector has resulted in some keen interest from institutional investors in the auto-component sector. Apart from the financial rationale, there are other factors driving fund raising and M&As in the sector. Succession issues have also played an important role in driving M&As in the sector.

Source: Mint January 06, 2019 17:26 UTC