Ruia Group’s Dunlop has successfully acquired British auto component manufacturer, Schlegel Automotive Eurpoe, which is a supplier of rubber sealings to BMW, Bentley, Toyota, Honda, Ford and Opel and many others, and also possesses assets worth $30 million.

Ruias entered into tyre industry after occupying Dunlop factory but its conquest of the British company had led it into auto components market. Consequenly, the British Tyre Rubber appears as just a subsidiary firm or subordinate to Dunlop.

In order to expand its business in India, the Ruia Group plans to invest $15 million. However, the decision about the site and location is still pending.

But Ruia threw a light in the production capacity and product line of the project which is expected to be around $7 at the UK unit.

Schlegel, which has assets worth $30 million, supplies rubber sealings to auto majors such as BMW, Bentley, Toyota, Honda, Ford, Mitsubishi, Renault and Opel.