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KEC International to make $100 mn acquisition

13 Oct 2010 Evaluate

RPG Group Company KEC International is looking at acquiring assets in the power transmission segment for over $100 million. The company is considering options in US & Africa for the acquisition. It is actively scouting for options and will make the acquisition in the near future.

KEC recently acquired Texas-based SAE Towers for $95 million (about Rs 440-crore) on a cash-free and debt-free basis. The company had recently also acquired Jay Railway Signalling for close to Rs 14-crore, barely a week after sealing the buy-out of SAE Towers Holdings.

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KEC International Share Price

524.05 -4.00 (-0.76%)
29-Jun-2026 10:55 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4217.55
Kalpataru Projects 1357.00
Rail Vikas Nigam 238.70
NCC 152.15
KEC International 524.05
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