# Siemens acquires C&S Electric for €267mn

Siemens is buying Indian electrical equipment maker C&S Electric in a €267 million ($296.21 million) deal. The New Delhi-based company makes low-voltage switchgear parts and metering devices, employing 5,000 people.

- Type: Acquisition
- Announced: 2020-05-16
- Where: New Delhi, India, India
- Value: $296.2M (267.0M EUR)
- Status: announced
- Products: low-voltage switchgear parts, 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

- [manufacturingdigital.com](https://manufacturingdigital.com/technology/siemens-acquires-indias-cands-electric-dollar296mn-deal), 2020-05-16: "India is one of the fastest growing markets in the world, and there is so much to do in terms of infrastructure and improving the energy supply."

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