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Transition

Acquisition of Tyco Electronics Indian Wiring Harness Division-

Tyco electronics a 12 B$ Global organization had a Manufacturing Plant in Pune for supporting Wiring Harness products for all OEM’S & Tier 1 Suppliers

• As a global strategy Tyco decided to exit non core business & put this business for sale
• BSA decided to pursue this opportunity, since this business fit into our long term business objective
• The due diligence was carried out & acquisition was completed on 2nd July 2009