Sakthi Sugars Ltd's European subsidiary, Orlandofin BV, has acquired a Swedish Company 'Arvika Gjuteri AB'. It has facilities to produce 28,000 MTs per annum of castings for buses, trucks, and heavy off-road vehicles, and a machine shop.
The Royal Bank of Scotland (RBS) has picked up 0.60% stake in logistic services provider -- Gateway Distriparks. The bank has bought 6.40 lakh shares in the company for a total consideration of Rs 8.32 crore. Gateway Distriparks, incorporated in 1994, is engaged in the business of warehousing, container freight stations, providing handling and clearance of sea borne export-import trade in containerized form.
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