Quality Power Electrical Equipments has executed a term sheet to acquire 100% of the equity share capital of Winwin Speciality Insulators (WSIL), a Visakhapatnam-based manufacturer of high-voltage ceramic and polymeric insulators. The transaction is subject to customary due diligence, statutory and regulatory approvals, and other closing conditions, and is expected to be completed within three months.
The acquisition strengthens the company’s high-voltage product portfolio at a time when global capital deployment into transmission networks, substations, HVDC corridors, renewable-energy evacuation and grid modernization is accelerating. Enterprise value for the proposed transaction is around Rs 315 crore.
For Quality Power Electrical Equipments, the proposed acquisition is expected to expand the company’s addressable market, deepen wallet share with existing customers, and reinforce its position as an integrated supplier of critical high-voltage equipment to global utilities, OEMs and EPC customers. The company intends to support WSIL with operational excellence, technology integration, working-capital strength, global customer access and phased capacity expansion.
Quality Power Electrical Equipments is engaged in manufacturing of power products and providing services in the areas of Power Generation, Power Transmission, Power Distribution and Power Automation.
