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Salzer Electronics planning to acquire entire stake in 2 Hong Kong based companies

26 Jun 2018 Evaluate

Salzer Electronics is planning for acquisition of 100% equity each in Advanced ID Asia Engineering, Hong Kong and United Marketing and Trading, Hong Kong, and other related Matters thereof. The meeting of the Board of Directors of the company will be held on June 29, 2018, to consider the same.

Salzer is a Leading player offering Total and Customized Electrical Solutions in Switchgears, Wires & Cables and Energy Management business. The Company caters to a wide range of products with five In-house manufacturing facilities, located in Coimbatore and Himachal Pradesh. 

Peers
Company Name CMP
Waaree Energies 2323.00
Apar Industries 15714.55
Havells India 1024.10
Suzlon Energy 35.22
Siemens 3394.00
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