# 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.

- Type: Acquisition
- Announced: 2022-08-30
- Where: Singapore, Singapore
- Status: announced
- Products: Power Distribution products
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Kawamura Electric Inc.](https://endata.com/companies/64993.md) (acquirer)
- [Syntech Switchgear & Engineering Pte. Ltd.](https://endata.com/companies/64994.md) (target)

## Sources

- [kawamura.co.jp](https://www.kawamura.co.jp/global/news/20220830-01/), 2022-08-30: "We have also agreed to transfer 70% of outstanding shares from Syntech to us."

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