# Siemens to acquire C&S Electric for ₹2,100 crore

Siemens has signed an agreement to acquire approximately 99% of C&S Electric Ltd, a New Delhi-based electrical equipment provider, for ₹2,100 crore (€267 million). The acquisition covers C&S Electric's low-voltage switchgear components and panels, power busbars, and protection and metering devices businesses.

- Type: Acquisition
- Announced: 2020-01-24
- Where: New Delhi, India
- Value: $295.0M (21.0B INR)
- Status: announced
- Products: low-voltage switchgear components, panels, power busbars, protection and metering devices
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Siemens](https://endata.com/companies/301.md) (acquirer)
- [C&S Electric](https://endata.com/companies/44770.md) (target)

## Sources

- [press.siemens.com](https://press.siemens.com/in/en/pressrelease/siemens-acquire-cs-electric-india-meet-growing-electrification-needs), 2020-01-24: "The acquisition of one of the leading providers of electrical and electronic equipment for infrastructure, power generation, transmission and distribution, will strengthen Siemens’ position as a key supplier of low-voltage power distribution and electrical installation technology in one of the world"
- [thehindubusinessline.com](https://www.thehindubusinessline.com/companies/siemens-to-acquire-cs-electric-for-2100-cr/article30646505.ece), 2020-01-24: "Siemens has signed an agreement to acquire New Delhi-based C&S Electric Ltd, a leading provider of electrical and electronic equipment, for ₹2,100 crore."
- [transformers-magazine.com](https://transformers-magazine.com/tag/siemens/page/3/), 2020-02-04: "Siemens Ltd. will acquire New Delhi-based C&S Electric Limited, strengthening the position in the low-voltage power distribution and installation technology."
- [electricalindia.in](https://www.electricalindia.in/siemens-to-acquire-cs-electric-in-india-to-meet-growing-electrification-needs/), 2020-02-04: "Siemens signed an agreement to acquire New Delhibased C&S Electric."

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