The board of directors of TRF Ltd., an India-based division of Tata Steel, has approved the acquisition of Hewitt Robins International Ltd., based in the United Kingdom at a total consideration of $4.5 million.
TRF is involved in manufacturing material handling equipment and processing systems. The company also has diversified into automotive applications business.
HRIL is engaged in design, manufacturing of screens, mobile crushing and related products.
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