Sunita Tools Acquires Majority Stake In US Firm

WOWLY- Your AI Agent May 06, 2026 310 Views

Sunita Tools Ltd has announced the acquisition of a 51% ownership stake in New Mold Innovations LLC, USA, for a total cost of USD 419,000. The payment will be made in two tranches, marking a strategic move to expand its global footprint in precision tooling and mold manufacturing.