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Electrical Equipmentworld trade 2024+7.2% 5Y CAGR

Aug 30, 2022ACQUISITIONSingapore, Singapore

Kawamura Electric to acquire 70% stake in Syntech Switchgear & Engineering

Kawamura Electric Inc. concluded a capital and business alliance agreement with Syntech Switchgear & Engineering Pte. Ltd. on July 12, 2022, agreeing to transfer 70% of outstanding shares. Syntech will become a consolidated subsidiary by March 31, 2023.

Status

Announced

ProductsPower Distribution products

CompaniesKawamura Electric Inc. acquirer Syntech Switchgear & Engineering Pte. Ltd. target

Sectors#Electrical Equipment

“We have also agreed to transfer 70% of outstanding shares from Syntech to us.”kawamura.co.jp

1 source
kawamura.co.jpKawamura Electric Inc.Aug 30, 2022

Summarized from public sources; check the original articles before acting on it.

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