Raghu Vamsi acquires 100% stake in UK’s PMC Group for over Rs 100 crore

Raghu Vamsi Group, an Indian precision engineering company, has acquired PMC Group, a UK-based precision machining company, for over Rs 100 crore. The acquisition will help Raghu Vamsi expand its global footprint and enter the European market. PMC Group specializes in manufacturing components for the oil and gas industry and has a revenue of over Rs 180 crore.