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Varroc Engineering Ltd
Varroc Engineering Ltd Company History
Varroc Engg. is engaged in the business of manufacturing of automobile components.
2005
Formed Varroc Exhaust Systems Private Limited to manufacture catalytic convertor for twowheelers and three-wheelers
2005
2007
Formed a joint venture with Plastic Omnium Auto Exterior SAS, France
Acquired I.M.E.S., Italy
2007
2008
Entered into a composite scheme of arrangement between Varroc Lighting Private Limited (VLPLÂ), VPPL and the Company whereby VLPL was amalgamated with the Company and the polymer business of the Company was demerged into VPPL
2008
2011
Acquired two-wheeler lighting business of TRI.O.M. S.p.A.
2011
2012
Acquired the lighting division of Visteon Corporation
2012
2014
Acquired of 50% stake in Varroc TYC Corporation, BVI from Viseton International Holdings Inc.
Investment in the Company by Investor Selling Shareholders
2014
2018
Acquired 90% stake in Team Concepts through the Subsidiary VPPL
Investment in two- wheeler electronic fuel injection technology by entereing into a joint venture agreement with Dell'Orto S.p.A.
Investment in lighting manufacturing units in Brazil & Morocco
Diversified its business activities by acquiring Team Concepts, which is in the business of manufacturing of auto accessories.
2018
2019
Amalgamation of Varroc Lighting Systems (India) Pvt. Ltd. with Varroc Engineering Ltd.
Varroc Engineering acquired 74% stake in equity share capital of CarlQ Technologies Pvt. ltd.
2019
2022
Varroc has signed a Securities Purchase Agreement (SPA) with Compagnie Plastic Omnium SE of France to divest its 4-wheeler lighting systems operations in the Americas and Europe.
Varroc Engineering on Saturday announced that it incorporated a wholly-owned subsidiary, VL Lighting Solutions.
2022