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Om Optel Industries to be Acquired by DarkPulse Inc.

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Dark Pulse has reportedly signed an LOI for the acquisition of Om Optel Industries. August 30, 2022 Om Optel Industries Pvt. Ltd., a fibre optic cable and HDPE pipe manufacturer based in India might soon be acquired by DarkPulse Inc., a technology company focused on the manufacture, sale, installation, and......
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Kalpataru Power Acquires Swedish EPC firm Linjemontage i Grastrop

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The acquisition will further strengthen Kalpataru Power Transmission’s position in the Nordic market as Sweden and Norway are very attractive markets for transmission line infrastructure. The enterprise value of the deal is USD 11.5 million. July 18, 2022 Kalpataru Power Transmission Ltd (KPTL) has completed the acquisition of the remaining......
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STL to Acquire Remaining Stake in Jiangsu Sterlite Tongguang Fiber Co.

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Following the acquisition of the 25 percent stake, Jiangsu Sterlite Tongguang Fiber Co. will be a wholly-owned subsidiary of STL. July 7, 2022 Sterlite Technologies Ltd. (STL) has signed the definitive agreement to acquire the balance 25 percent stake in Jiangsu Sterlite Tongguang Fiber Co. Ltd. (JSTFCL). The deal is......
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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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