Crompton Greaves is looking to bridge gaps in technology and markets through acquisitions, organic as well as inorganic growth. It has made seven acquisitions in the past five years. Latin America and China are the two geographies where it is looking for further acquisitions.
The power equipment maker and electrical appliances maker may buy companies on the basis of customer reach as well as technological value and would not mind spending even up to $1 billion for a deserving candidate.
In April, the firm bought three businesses of a Tata group's domestic firm Nelco Ltd for about Rs 92 crore, giving it strength in drives and railway business. In March, it bought UK-based Power Technology Solutions Ltd for an enterprise value of about 30 million pounds to become a significant player in local electrical engineering market.
crackcrack| Company Name | CMP |
|---|---|
| Havells India | 1282.10 |
| Siemens | 3390.10 |
| Apar Inds | 11349.45 |
| Waaree Energies | 3281.55 |
| ABB India | 6865.95 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: