September 18, 2021

Wire & Cable India

Tag : acquisition

News

Sampsistemi Srl’s Assets to be Sold to HVD Partners via Italian Court Bid

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HVD Partners is to acquire the assets of Sampsistemi (SAMP) and Sampsistemi Extrusion as part of a scheme of arrangement administered by the Court of Bologna. July 23, 2021 HVD Partners has reached an agreement with creditors and has won a competitive bid by the Court of Bologna to acquire......
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Sterlite Technologies Records Robust Results, Revenue Stands at Rs. 1309 Crore for Q1FY22

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In the first quarter of the present financial year, the company has undertaken a new acquisition to expand its network integration capabilities in Europe. The investments in UK and US have been made with the objective to augment local presence in optical fibre. Further, there has been a healthy order......
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Polycab to Acquire Silvan Innovation Labs Private Limited

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Silvan is a technology company focused on providing cutting-edge automation offerings for homes, offices, banks, retail outlets, hotels, and other spaces. Polycab’s latest acquisition has pioneered the concept of home automation in the Indian residential building market and has a proven track record with many prominent real estate developers. June......
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Kalpataru Power Transmission Arm Acquires 51% Stake in Fasttel

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In February this year, the wholly-owned subsidiary of Kalpataru Power in Brazil had signed a definitive agreement to acquire a 51 percent stake in Fasttel Engenharia Ltd. April 14, 2021 Kalpataru Power Transmission Limited (KPTL) has announced that its arm Kalpataru Power Do Brasil Participacoes, Brazil, has completed the acquisition......
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Adani Transmission to Acquire Warora-Kurnool Transmission From Essel Enterprise Value of INR 3370 Crore

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The acquisition is in sync with Adani Transmission strategy to enhance the value for its stakeholders, through organic as well as inorganic opportunities. March 27, 2021 Adani Transmission Limited (ATL), India’s largest private sector power transmission and retail Distribution Company, has signed definitive agreements with Essel InfraProjects Limited (EIL) for......
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HFCL to Acquire 50 Percent Stake of Nimpaa Telecommunications

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HFCL will pay cash consideration of INR 1 crore for acquiring 50 percent of the diluted paid-up equity share capital of Nimpaa Telecommunications (Nimpaa). The acquisition will be completed by April 2021. March 16, 2021 HFCL Ltd. plans to acquire up to 50 percent stake in Nimpaa Telecommunications — keeping......
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Torrent Power, the highest bidder for Dadra Nagar Haveli, Daman & Diu discoms

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With the acquisition of a 51% stake, Torrent Power is also looking to participate in new opportunities coming up in the sector in renewable generation, transmission, and privatization. February 22, 2021 Ahmedabad-based Torrent Power Limited has emerged as the highest bidder for the sale of 51 percent stake in the......
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Inhol BV Successfully Merged With Melos GmbH

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In January 2018, Inhol B.V. (based in Soest, the Netherlands) was taken over by Melos GmbH. Since then, Inhol B.V has functioned as a part of and on behalf of Melos GmbH. At the end of 2020, Inhol B.V. was merged into Melos GmbH. January 18, 2021 With the acquisition......
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Motherson Sumi to Acquire Majority Stake in Turkey-based Plast Met Group

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This acquisition marks another step towards the growth and diversification of Vision Systems vertical and the group overall. January 18, 2021 Motherson Sumi Systems Ltd. has announced acquisition of 75 percent stake in two Turkish automotive parts manufacturing companies of the Plast Met Group through its subsidiary Samvardhana Motherson Reflectec......
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Sterlite Technologies to Acquire Italy’s Optotec for EUR 29 Million

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The acquisition will create a solid springboard to offer a complete bouquet of solutions to customers across Europe, India and the Middle East. November 2, 2020 Sterlite Technologies (STL) has announced the signing of definitive agreements to acquire Optotec S.p.A, a leading Optical Interconnect Products Company based in Italy. Optotec,......