Aralab from Sintra buys Mumbai company and enters India

The climate chamber manufacturer Aralab, based in Sintra, has purchased the Indian company Newtronic, which specialises in testing equipment for pharmaceutical, biotechnological, and cosmetic products, in partnership with the German firm Memmert. The Portuguese-German deal, which involves the acquisition of a 51% stake in Newtronic, marks the entry of the Portuguese industrial company into the Indian market.