Sunbeam Products, Inc.: Craftsman Automation rallies after inking MoU to acquire Sunbeam
Craftsman Automation surged 8.79% to Rs 5,260 after the company announced that it has has entered into a memorandum of understanding (MoU) with Sunbeam Lightweighting Solutions Private (Sunbeam) and Kedaara Capital Fund II LLP (Kedaara).
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President & CEO
Andrew C. Hill
Sunbeam is a producer of heating pads and licenses its brand to manufacturers of heated blankets, health monitoring (blood pressure) devices and laundry care (irons) products.
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