Corporate News
Quality Power Electrical Equipments and Yash Highvoltage have jointly announced the signing of a Binding Term Sheet to acquire 100% stake in Sukrut Electric Company (SECPL), a Pune-based transformer component manufacturer with a legacy spanning over six decades.
The acquisition is being executed via a complete buyout from a German Multinational. The current promoters for several years have contributed to elevating the company's technical capabilities and global reach.
This transaction brings together two of India's fastest-growing high-voltage equipment players' Quality Power, a specialist in High Voltage Power Products and Power Quality solutions, and Yash Highvoltage, a global supplier of condenser-graded bushings'to collaborate on scaling a trusted domestic brand with an international footprint.
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