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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,......
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LLFlex Acquires Wire and Cable Armoring Tapes Segment From Web Industries

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The assets of the Web Industries’ Bare Metal Armoring Tapes Slitting Division will be integrated into the state-of-the-art production infrastructure at LLFlex’s new manufacturing facility in High Point, North Carolina, and will bolster production capabilities and output. September 25, 2020 LLFlex – a global leader in packaging materials and industrial......
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Tata Steel – Global Wires India: Plans to Get Into New Emerging Segments

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Tata Steel – Global Wires India, one of the largest steel wire manufacturers in the world with a combined annual manufacturing capacity of 670,000 MT, is also a pioneer in its chosen space through continuous production innovation and the launch of numerous novel steel wire variants in the market to......
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