Banco Products (I) Limited — Important, 01-05-2025: Updates

Banco Products’ subsidiary NRF has entered the turbocharger segment by acquiring German firm Alanko’s turbocharger business, brand, product data, and inventory for €2.08 million. NRF will keep Alanko’s management team to maintain expertise. This strategic expansion broadens NRF’s automotive aftermarket portfolio, enhancing its product range and strengthening its global customer service capabilities.