RSB Transmissions secures Bain Capital Investment for global expansion and M&A

<p>Bain Capital’s financial and strategic support is expected to fuel RSB Transmissions’ growth initiatives and global expansion efforts. </p>
Bain Capital’s financial and strategic support is expected to fuel RSB Transmissions’ growth initiatives and global expansion efforts.

RSB Transmissions, a global leader in automotive, construction, and equipment systems manufacturing, has announced a strategic investment from Bain Capital, a top global private investment firm. This investment aims to support RSB’s growth initiatives, focusing on mergers and acquisitions (M&A) and expanding its global presence. Founded in 1973 by R.K. Behera and S.K. Behera, the company looks to strengthen its industry position with the help of Bain Capital’s expertise and resources.
RSB Transmissions key suppliers

RSB Transmissions, from its origins in Jamshedpur, has expanded into a key supplier for commercial vehicles, passenger cars, and construction equipment around the world. The company operates 16 state-of-the-art manufacturing facilities across India and one plant in Mexico, servicing leading Original Equipment Manufacturers (OEMs) like Tata Motors, Ashok Leyland, Daimler, Mahindra & Mahindra, and construction leaders such as CAT, Tata Hitachi, JCB, and Komatsu.

“As we celebrate 50 years of excellence, we are excited to begin this new chapter of growth with Bain Capital as our strategic partner,” said R.K. Behera, Founder of RSB Transmissions. “We’ve built a solid foundation over the past five decades, and with Bain Capital’s expertise and resources, we are confident in our ability to seize new opportunities and further strengthen our position as a global leader in our industry.”

S.K. Behera, Vice Chairman and Managing Director of RSB, emphasized the significance of this new partnership. “This investment partnership represents a shared vision for the future of RSB. Bain Capital’s deep industry knowledge and global network will be invaluable as we work together to explore new markets, drive innovation, and continue delivering exceptional value to our customers.”

A drive towards global expansion

Bain Capital’s financial and strategic support is expected to fuel RSB Transmissions’ growth initiatives and global expansion efforts. The private equity firm, known for its extensive experience in the automotive and industrial sectors, will guide RSB in expanding its global footprint and exploring opportunities in emerging markets.

Pawan Singh, Partner at Bain Capital, expressed enthusiasm about the collaboration. “RSB has built a strong reputation for high-quality engineering and long-term relationships with key customers. We look forward to working closely with the Behera family and RSB’s management team to help the company reach new heights and become a more diversified global platform.”

This strategic partnership arrives at a crucial time for RSB Transmissions. The company is putting its focus on expanding its global footprint, enhancing its technological capabilities, and exploring fresh prospects in emerging markets.

With the support from Bain Capital, RSB Transmissions aims to drive forward its innovation and global market exploration, continuing to deliver exceptional value to its customers across the globe.

  • Published On Oct 3, 2024 at 06:54 PM IST

Join the community of 2M+ industry professionals

Subscribe to our newsletter to get latest insights & analysis.

Download ETAuto App

  • Get Realtime updates
  • Save your favourite articles
Scan to download App

Go to Source