Acquisitions9 Jul 2025, 03:31 pm
Quality Power and Yash Highvoltage Announce Acquisition of Sukrut Electric
AI Summary
Quality Power Electrical Equipments Ltd. and Yash Highvoltage Ltd. have jointly announced the signing of a Binding Term Sheet to acquire 100% stake in Sukrut Electric Company Pvt. Ltd. This acquisition is expected to close over the next two quarters, subject to completion of customary regulatory and commercial formalities. The transformer industry is witnessing significant global demand, and the combined strength of Quality Power, Yash Highvoltage, and Sukrut are well-positioned to address the challenge of reliable component supply.
Key Highlights
- Quality Power and Yash Highvoltage to acquire 100% stake in Sukrut Electric Company Pvt. Ltd.
- The acquisition is expected to close in the next two quarters, subject to regulatory and commercial formalities.
- The transformer industry is witnessing significant global demand, and the combined strength of Quality Power, Yash Highvoltage, and Sukrut are well-positioned to address the challenge of reliable component supply.
- Quality Power is a specialist in High Voltage Power Products and Power Quality solutions.
- Yash Highvoltage is a global supplier of condenser-graded bushings.