# V-Guard Industries to acquire Simon Electric Private from SIMON SA

V-Guard Industries Limited entered a Scheme of Amalgamation to acquire Simon Electric Private Limited from SIMON, SA for approximately INR 270 million on December 20, 2021.

- Type: Acquisition
- Announced: 2021-12-20
- Where: India
- Value: $3.60M (270.0M INR)
- Status: announced
- Products: electrical components
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [V-Guard Industries](https://endata.com/companies/23142.md) (acquirer)
- [Simon Group Holdings](https://endata.com/companies/27326.md) (partner)
- [Simon Electric Private](https://endata.com/companies/59810.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/V-GUARD-INDUSTRIES-LIMITE-46730429/news/V-Guard-Industries-Limited-entered-a-Scheme-of-Amalgamation-to-acquire-Simon-Electric-Private-Limite-37396399/), 2021-12-19: "V-Guard Industries Limited entered a Scheme of Amalgamation to acquire Simon Electric Private Limited from SIMON, SA for approximately INR 270 million."

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