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dilo electrical switchgear Siemens plant

dilo electrical switchgear Siemens plant

Siemens has signed an agreement to acquire 99% of the equity share capital of India-based CS Electric for approximately Rs21bn ($294m). According to the agreement, Siemens India will acquire CS Electric's operations in the country, which include low-voltage switchgear components and panels, low and medium-voltage power busbars, as well as protection and metering devices businesses.

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  • Siemens to acquire electrical equipment manufacturer CS

    Siemens has signed an agreement to acquire 99% of the equity share capital of India-based CS Electric for approximately Rs21bn ($294m). According to the agreement, Siemens India will acquire CS Electric’s operations in the country, which include low-voltage switchgear components and panels, low and medium-voltage power busbars, as well as protection and metering devices businesses.

    Get Price
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