Carlyle Acquires Controlling Stake in Highway Industries and Roop Automotives
February 13, 2025
The Carlyle Group, with equity from funds affiliated with Carlyle Asia Partners (CAP), completed a controlling-stake acquisition of Highway Industries Limited and Roop Automotives Limited, combining the businesses into a single platform serving global automotive OEMs. Carlyle intends to scale the platform through consolidation, operational improvements and potential synergistic add-ons to deepen capabilities across forged and precision-machined components, steering assemblies and powertrain applications.
- Targets
- Highway Industries Limited, Roop Automotives Limited
- Sellers
- Highway and Roop shareholders
- Industry
- Manufacturing
- Location
- India
- Transaction Type
- Buyout
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