# Raychem RPG acquires Chennai-based Hi-Velm Industries

Raychem RPG, a joint venture of TE Connectivity USA and RPG Enterprises India, announced the acquisition of Hi-Velm Industries, a division of Digivision Electronics in Chennai, India. Hi-Velm produces extra high-voltage disconnectors. No deal value was disclosed.

- Type: Acquisition
- Announced: 2017-02-02
- Where: Chennai, India
- Status: completed
- Products: extra high-voltage disconnectors
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Raychem RPG](https://endata.com/companies/867.md) (acquirer)
- [Hi-Velm Industries](https://endata.com/companies/868.md) (target)
- [Digivision Electronics](https://endata.com/companies/869.md) (partner)

## Sources

- [india.com](https://www.india.com/news/raychem-rpg-acquires-hi-velm-industries-1806804/), 2017-02-02: "Raychem RPG, a joint venture between TE Connectivity USA and RPG Enterprises India, today announced acquisition of Chennai-based Hi-Velm Industries, a division of Digivision Electronics Ltd."

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