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Hindustan Platinum buys ABB's Puerto Rican unit

18 Jun 2019 Evaluate

Hindustan Platinum, a leading refiner and manufacturer of precious metal products, has bought ABB's Humacao electrical contacts manufacturing plant in Puerto Rico, thus strengthening its global footprint. The company did not disclose the details of the deal, but it is expected to close in August this year.

ABB India is a pioneering technology leader in electrification products, robotics and motion, industrial automation and power grids, serving customers in utilities, industry and transport & infrastructure globally.

Peers
Company Name CMP
Waaree Energies 2396.50
Apar Industries 18171.00
Havells India 1059.50
Suzlon Energy 38.35
Siemens 3804.45
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