SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Crompton Greaves receives binding offer for acquisition of B2B Automation business

07 Nov 2016 Evaluate

Crompton Greaves has received a binding offer for acquisition of its B2B Automation business, comprising of ZIV Aplicaciones y Technologia, S.L, (Spain), its subsidiaries along with the related Automation business in UK, Ireland, France and India at an Enterprise Value of 120 Million Euros from 'Alfanar'.

The company expects the completion of the acquisition by Alfanar by January 31, 2017. The strategic action is intended to meet the company's objective of debt reduction and on focusing on its core operations in India which provide significant growth opportunity, besides enhancing shareholder's value.

Crompton Greaves is a global pioneering leader in the management and application of electrical energy. With more than 15,000 employees across its operations in around 85 countries, CG provides electrical products, systems and services for utilities, power generation, industries and consumers.

CG Power & Indl.Soln Share Price

804.95 8.30 (1.04%)
21-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Havells India 1328.20
Siemens 3718.90
Apar Inds 11713.20
ABB India 7254.80
Waaree Energies 3474.00
View more..

About MoneyWorks4Me

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.

Our Vision

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.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×