# Fuji Electric to acquire Consul Neowatt

Fuji Electric has signed an agreement to acquire Consul Neowatt Power Solutions Pvt Ltd, a leading Indian power electronics company.

- Type: Acquisition
- Announced: 2019-06-20
- Where: Chennai, India
- Value: $100.0M (7.20B INR)
- Status: announced
- Products: power electronics
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Fuji Electric](https://endata.com/companies/13773.md) (acquirer)
- [Consul Neowatt Power Solutions](https://endata.com/companies/40115.md) (target)

## Sources

- [india.fujielectric.com](https://www.india.fujielectric.com/media-highlights/news/fuji-electric-signs-agreement-to-acquire-consul-neowatt), 2019-06-20: "Fuji Electric to acquire leading Indian power electronics company Consul Neowatt Power Solutions Pvt Ltd."
- [economictimes.indiatimes.com](https://economictimes.indiatimes.com/industry/cons-products/electronics/tokyos-fuji-electric-acquires-ups-maker-consul-neowatt/articleshow/69870118.cms), 2019-06-20: "Tokyo based Fuji Electric...has entered into an agreement...to acquire the entire shares of Consul Neowatt Power Solutions Private Limited..."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.