Mumbai, April 28 -- Bain Capital-backed automotive component manufacturer Dhoot Transmission Ltd has acquired Multilink Pvt. Ltd., which makes electronics and electrical products for two- and three-wheeler makers in India, the companies said on Tuesday.

The companies declined to give the financial details of the deal.

"The integration is expected to unlock significant synergies through enhanced procurement efficiencies, manufacturing capabilities, and supply chain optimization," said Saahil Bhatia, partner at Bain Capital, in a statement.

PwC acted as financial advisors to Dhoot, while Aeka Advisors advised Multilink.

The development comes more than a year after the global private equity firm acquired a significant minority stake for ...