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Adani Transmission to buy Essar Power’s Transmission Project

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“The acquisition of Essar’s transmission asset will consolidate ATL’s presence in central India. With this acquisition, ATL is well on the path to achieve its 20,000 ckt km target before time”, says Mr. Anil Sardana, MD & CEO, Adani Transmission. June 16. 2022 Adani Transmission Ltd. (ATL) has inked a......
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RR Kabel Strengthens its Position in Consumer Electricals by Acquiring Luminous Home Electricals Business

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The acquisition of Luminous has made RR Kabel the first Indian company to take over a global enterprise in the FMEG sector. RR Kabel, one of the leading electrical manufacturing companies and a part of RR Global, a USD 1.25 billion conglomerate, has acquired Luminous Home Electrical business from Schneider......
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Nexans Acquires Centelsa to Electrify Latin America

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The acquisition of Centelsa marks a key milestone of Nexans’ strategy in being a Pure Electrification Player. The joined expertise and experience of both the companies in sustainable technologies along with electrification will benefit customers with enhanced solutions. April 6, 2022 Nexans has acquired Centelsa, from Mexico-headquartered Xignux S.A. Centelsa......
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Electrical Components International Acquires BHC Cable Assemblies

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With a wide range of power and signal electrical distribution systems, BHC supports applications like spectral & infrared imaging, photovoltaics, satellite communications, and security systems. January 20, 2021 Electrical Components International, Inc., a leading global supplier of electrical distribution systems, control box assemblies, and other critical engineered components for diversified......
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Bentley Systems Acquires Power Line Systems for USD 700mn

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Power Line Systems is in the business of creating engineering tools for overhead power line structures and its software can integrate transmission-grade sophistication enabling an even intensive reach of 5G. November 25, 2021 Bentley Systems, the infrastructure engineering software company, has signed an agreement with TA Associates, a private equity......
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Suprajit Engineering to Acquire LDC Unit of Kongsberg Automotive for USD 42 million

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The LDC unit of Kongsberg Automotive Group consists of the cable business which is catering to segments like automotive, non-automotive, and two-wheelers in addition to Electro-Mechanical Actuators. The acqusition is expected to be concluded by the end of January 2022. November 11, 2021 Bengaluru-based automotive component supplier Suprajit Engineering has......
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Hindalco Industries to Acquire Ryker Base for INR 323 Crore

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The acquisition will strengthen Hindalco’s copper rod capacity along with providing the “time-to-market” advantage. November 11, 2021 Aditya Birla Group-owned Hindalco Industries has announced to acquire 100 percent equity in Polycab India’s wholly-owned subsidiary – Ryker Base for an enterprise value of INR 323 crore. In a regulatory filing submitted......
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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......