Dhoot Acquires MULTILINK, Boosts EV Parts

Dhoot Transmission, a prominent electrical and electronics company supported by Bain Capital, has completed the acquisition of MULTILINK, a leading manufacturer of automotive electronic and electrical products. MULTILINK is a significant supplier to Original Equipment Manufacturers (OEMs), known for its diverse product range including chargers, sensors, relays, and switches. The company operates three manufacturing plants located in Hosur, Mysore, and Manesar.

This acquisition is a strategic step for Dhoot Transmission, aiming to reinforce its role as an integrated solutions provider within the automotive sector. It aligns with the company's strategy to leverage the accelerating trends of vehicle electrification, premiumization, and the increasing electronic content in vehicles, further boosted by rising electric vehicle (EV) adoption. The combined entity is expected to enhance cross-selling opportunities and strengthen capabilities in key electronic and electrical product categories for two- and three-wheeler OEMs.

The integration is projected to generate significant synergies through improved procurement, manufacturing, and supply chain efficiencies. This move positions Dhoot Transmission advantageously in the fast-evolving two- and three-wheeler segments, where electrification and advanced electronics are driving substantial structural growth. Bain Capital views this as a continuation of their strategy to deepen Dhoot's presence in high-growth market segments.