R&S Group to acquire Kyte Powertech for EUR 250 million

R&S Group Holding AG agreed to acquire 100% of Kyte Powertech Limited, an Ireland-based manufacturer of distribution transformers, for an enterprise value of EUR 250 million. The acquisition will expand R&S Group's geographic footprint in Ireland, the UK and Western Europe.

“R&S Group agrees to acquire Kyte Powertech for an enterprise value of EUR 250 million”eqs-news.com

• 5 sources
• eqs-news.comR&S Group agrees to acquire Kyte Powertech, a leading manufacturer of distribution transformer solutions, to broaden geographic footprint in Ireland, the UK and Western Europe | Ad-hoc - EQS NewsAug 20, 2024
• uk.marketscreener.comR&S : Presentation announcement acquisition of Kyte PowertechPublicnowAug 20, 2024
• the-rsgroup.comR&S Group agrees to acquire Kyte Powertech, a leading manufacturer of distribution transformer solutions, to broaden geographic footprint in Ireland, the UK and Western Europe - R&S GroupSzymon SwierczewskiAug 20, 2024
• irishtimes.comZurich-listed electrical manufacturer to buy Cavan firm for €250m – The Irish TimesIan CurranAug 20, 2024

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