# The Gund Company acquires minority stake in Powercam Electricals

The Gund Company acquired a minority ownership stake in Powercam Electricals Pvt Ltd, an Indian manufacturer of electrical components under the Powermat brand. The investment secures their partnership and opens growth opportunities in North America and India.

- Type: Acquisition
- Announced: 2024-03-01
- Where: New Delhi, India, India
- Status: completed
- Products: electrical components for control panels, distribution boards, EV charging stations, bus ducts
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [The Gund Company](https://endata.com/companies/70092.md) (acquirer)
- [Powercam Electricals Pvt Ltd](https://endata.com/companies/75992.md) (target)

## Sources

- [thegundcompany.com](https://thegundcompany.com/blog/2025/06/02/the-gund-company-acquires-minority-stake-in-powercam-electrical/), 2024-03-01: "The Gund Company, a global leader in engineered material solutions for electrical insulation and structural components, is proud to announce the successful acquisition of a minority ownership stake in Powercam Electricals Pvt Ltd, located in New Delhi, India."

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