M&A Deal Summary

Suprajit Engineering Acquires CTP Gills Cables

On April 25, 2006, Suprajit Engineering acquired automotive company CTP Gills Cables from Carclo

Acquisition Highlights
  • This is Suprajit Engineering’s 1st transaction in the Automotive sector.
  • This is Suprajit Engineering’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2006-04-25
Target CTP Gills Cables
Sector Automotive
Buyer(s) Suprajit Engineering
Sellers(s) Carclo
Deal Type Divestiture

Target

CTP Gills Cables

Lichfield, United Kingdom
CTP Gills Cables Ltd. manufactures control cables at its Packington Hall facility near Tamworth, but in recent years has been actively pursuing a strategy of outsourcing manufacture to lower cost regions.

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Buyer(S) 1

Buyer

Suprajit Engineering

Bengaluru, India

Category Company
Founded 1985
Sector Automotive
Employees2,188
Revenue 32.8B INR (2025)
DESCRIPTION

Suprajit Engineering is a manufacturer and seller of liner cables to the automotive industry. Suprajit Engineering was founded in 1985 and is based in Bengaluru, Karnataka.


DEAL STATS #
Overall 1 of 5
Sector: Automotive M&A 1 of 2
Type: Divestiture M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2006 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-06 Halonix

Noida, India

Halonix is a lamp manufacturer. Halonix was founded in 1991 and is based in Noida, India.

Buy $24M

Seller(S) 1

SELLER

Carclo

Ossett, United Kingdom

Category Company
Founded 1924
Sector Plastics
Employees1,059
Revenue 133M GBP (2024)
DESCRIPTION

Carclo is a global supplier of technical plastics products. Carclo’s strategy is to develop new technologies and products to drive future growth on a global scale. Company technical plastics business manufacture fine tolerance moulded plastic components which are used in medical and electronics products. Carclo was founded in 1924 and is headquartered in Ossett, England.


DEAL STATS #
Overall 1 of 2
Sector: Automotive M&A 1 of 2
Type: Divestiture M&A Deals 1 of 2
Country: United Kingdom M&A 1 of 1
Year: 2006 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-10-01 Conductive Inkjet Technology

Ossett, United Kingdom

Conductive Inkjet Technology Ltd. is a unique patented process to print pure metals onto plastics. CIT based products have commenced production within Carclo and evaluation systems based on the MetalJet range have been sold to a number of advanced technology companies. The CIT process has been extended to printing on silicon and glass substrates, and to using laser technology to produce extremely fine lines which are invisible to the eye.

Buy -