NewsDownstreamRico Auto Industries divests 50% stake in FCC RICO
25 DECEMBER 2014money.livemint.com

Rico Auto Industries divests 50% stake in FCC RICO

Edited by : AL CIRCLE
1 min read
Rico Auto Industries divests 50% stake in FCC RICO
Rico Auto Industries has divested its entire 50% stake in FCC RICO, its erstwhile joint venture with FCC Company, Japan, on December 23, 2014, by way of sale of its entire stake to affiliates of FCC Company, Japan which are FCC Group Companies. FCC RICO is now entirely a FCC Group held company.

Rico Auto Industries is a world-class engineering company supplying a wide range of high precision fully machined aluminum and ferrous components and assemblies to automotive OEMs across the globe.

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