◂ Announcements

Mar 8, 2025ACQUISITIONIndia

Quality Power acquires 51% stake in Mehru Electrical & Mechanical Engineers for INR 120 crore

Quality Power Electrical Equipments Limited has acquired a 51% majority stake in Mehru Electrical and Mechanical Engineers Pvt Ltd, a manufacturer of high-voltage instrument transformers, for INR 120 crore (approx. USD 14.4 million). The acquisition expands Quality Power's capabilities in high-voltage equipment manufacturing.

Value

$14.4M (1.20B INR)

Status

Announced

Productshigh-voltage instrument transformerstransmission and power quality solutions

CompaniesQuality Power Electrical Equipments acquirer Mehru Electrical & Mechanical Engineers target

Sectors#Electrical Equipment

“This strategic acquisition aligns with the objectives of our recent IPO and reinforces our commitment to cutting-edge technology and market leadership in the high-voltage equipment sector.”themachinemaker.com

1 source
themachinemaker.comQuality Power Acquires Majority Stake in Mehru Electrical & Mechanical Engineers | Machine Maker - Latest Manufacturing News | Indian Manufacturing News - Latest Manufacturing News | Indian Manufacturing News - Machine MakerMM DeskMar 8, 2025

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

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