Sterlite Technologies subsidiary has concluded acquisition of Metallurgica Bresciana, for 47 million euros in an all-cash deal.
The company in a regulatory filing stated that, its wholly owned subsidiary Sterlite Technologies S.p.A. has completed the acquisition on July 20, 2018. Metallurgica Bresciana designs and manufactures special precision optical fibre cables and specialized copper cables for various communication applications. Further, it has operations in Italy and China.
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