Centum Electronics has received an approval for further investment in Adetel Group SA. With the proposed investment, Centum Electronics stake in Adetel Group will increase from the 51% to 54.1%. The above investment will be done through its wholly owned subsidiary company ‘Centum Electronics UK’. The board of director at its meeting held on November 29, 2016 has approved for the same.
Centum Electronics is basically engaged in designing and manufacturing of advanced electronics systems, subsystems, and components. These products cater to various segments such as communications, military, space, automotive and industrial electronics.
