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Kalpataru Power Transmission to acquire 85% stake in Linjemontage i Grastorp AB

26 Mar 2019 Evaluate

Kalpataru Power Transmission (KPTL) through its wholly owned subsidiary -- Kalpataru Power Transmission Sweden AB has signed definitive agreement to acquire 85% stake in Linjemontage i Grastorp AB for an enterprise value of $24 million.

With this acquisition, the company to get market access and Qualifications for Nordic countries and Europe where KPTL currently has no presence and low cost India manufacturing base to be used for efficient operations and scale-up market penetration in Europe.

Kalpataru Power Transmission is one of the largest and fastest growing specialized EPC companies in India engaged in power transmission & distribution, oil & gas pipeline, railways, infrastructure development, civil contracting and warehousing & logistics business with a strong international presence in power transmission & distribution.

Kalpataru Projects Share Price

1292.65 44.00 (3.52%)
04-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4100.20
Rail Vikas Nigam 296.45
NCC 166.15
KEC International 579.50
Kalpataru Projects 1292.65
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