AVCJ Awards 2022: Operational Value Add: Sona Comstar
The Blackstone Group built a leader in India’s electric vehicle components space by combining – and then re-orienting – two traditional automotive players. Not even COVID-19 could stymie its progress
From the outset, Sona Comstar was intended to be a platform play. The Blackstone Group wanted to buy an automotive components manufacturer and, through M&A, reposition it to serve the electric vehicle...
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