# Siemens India acquires C&S Electric for Rs 2,100 crore

Siemens India announced the acquisition of Delhi-based C&S Electric for Rs 2,100 crore, which is expected to create India's second-largest player in the low voltage switchgear market. The deal is pending approval from the Competition Commission of India.

- Type: Acquisition
- Announced: 2020-01-30
- Where: Delhi, India, India
- Value: $294.0M (21.0B INR)
- Status: announced
- Products: low voltage switchgear
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Siemens India](https://endata.com/companies/17359.md) (acquirer)
- [C&S Electric](https://endata.com/companies/44770.md) (target)

## Sources

- [energetica-india.net](https://www.energetica-india.net/news/siemens-indias-cs-electric-acquisition-to-generate-indias-2nd-largest-switchgear-player-fs), 2020-01-30: "The Siemens India-C&S Electric combined entity would possibly jump to the second position in the pecking order of the Indian LV switchgear market."

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