Dhoot Transmission Acquires MULTILINK to Strengthen Automotive Electronics Capabilities and Expand Market Reach!

Dhoot Transmission Limited has announced the acquisition of MULTILINK through an affiliate entity, marking a significant step in its strategy to build a comprehensive automotive electronics platform. Backed by Bain Capital, the move is aimed at enhancing Dhoot’s capabilities in the fast-evolving mobility sector, particularly in the two-wheeler and three-wheeler segments.

Founded in 1983 and headquartered in Bengaluru, MULTILINK has established itself as a trusted supplier of electrical and electronic components to leading OEMs in India. Its diversified product portfolio includes chargers, sensors, relays, and switches—critical components in modern automotive systems. The company operates three manufacturing facilities located in Hosur, Mysore, and Manesar, providing a strong production and supply base across key industrial regions.

The acquisition is strategically aligned with the increasing demand for advanced electronics in vehicles, driven by trends such as electrification, premiumisation, and the growing integration of electronic systems across mobility platforms. By integrating MULTILINK’s product range and manufacturing capabilities, Dhoot aims to strengthen its presence in high-growth segments and expand its offering of integrated electrical and electronic solutions.

The combined entity is expected to unlock multiple synergies, including cross-selling opportunities across a broader customer base, improved procurement efficiencies, and enhanced manufacturing integration. These advantages are likely to support faster growth and improved operational performance, while enabling Dhoot to better serve the evolving needs of OEM customers.

Leadership at Dhoot Transmission emphasised that MULTILINK’s complementary product portfolio and long-standing customer relationships make it a strong strategic fit. The acquisition not only enhances Dhoot’s footprint in two- and three-wheeler markets but also positions the company to capitalise on structural growth opportunities driven by the shift towards electrified and digitally integrated vehicles.

From an investment perspective, the transaction reflects Bain Capital’s continued support for Dhoot’s transformation into a scalable, future-ready automotive components platform. The focus remains on building capabilities in high-growth areas such as automotive electronics, while leveraging operational synergies to drive efficiency and competitiveness.

For MULTILINK, the partnership opens up new growth opportunities by combining its technical expertise with Dhoot’s scale, customer access, and manufacturing strengths. The collaboration is expected to accelerate innovation, expand market reach, and strengthen its position within the automotive supply chain.

This acquisition follows Dhoot’s earlier strategic move to merge one of its subsidiaries with FourFront, a Tier-1 supplier of customised electro-mechanical and electronic solutions. Together, these initiatives highlight the company’s focused approach to expanding its presence in the electrical and electronics domain and building a robust, integrated platform for the future of mobility.

Overall, the acquisition of MULTILINK reinforces Dhoot Transmission’s ambition to become a key player in automotive electronics, supporting the industry’s transition towards smarter, more connected, and electrified vehicles.