<p> Suprajit Engineering, a leading auto component manufacturer has announced the successful completion of acquisition of Wescon Controls, Wichita, USA, through its wholly-owned subsidiary Suprajit USA, by purchasing 100% outstanding equity share capital from Shell Topco managed by a private equity Fund - Nova Capital, UK.<br /><br /></p>.<p>Wescon Controls is a leading manufacturer of control cables in the non-automotive outdoor power equipment (OPE) space. It has marquee customers like MTD, Husqvarna, John Deere, TORO, Honda and is the largest manufacturer of OPE cables in North America.<br /><br />With expected sales of $40 million and EBIDTA margin in the range of 16-18%, Wescon has its plant in Wichita, Kansas, US, and a Maquiladora facility in Mexico. Wescon has been manufacturing cables since 1946. It has a strong engineering team with a leading market position in the North American non-automative cable space.</p>
<p> Suprajit Engineering, a leading auto component manufacturer has announced the successful completion of acquisition of Wescon Controls, Wichita, USA, through its wholly-owned subsidiary Suprajit USA, by purchasing 100% outstanding equity share capital from Shell Topco managed by a private equity Fund - Nova Capital, UK.<br /><br /></p>.<p>Wescon Controls is a leading manufacturer of control cables in the non-automotive outdoor power equipment (OPE) space. It has marquee customers like MTD, Husqvarna, John Deere, TORO, Honda and is the largest manufacturer of OPE cables in North America.<br /><br />With expected sales of $40 million and EBIDTA margin in the range of 16-18%, Wescon has its plant in Wichita, Kansas, US, and a Maquiladora facility in Mexico. Wescon has been manufacturing cables since 1946. It has a strong engineering team with a leading market position in the North American non-automative cable space.</p>
