Quality Power to Acquire 100% of Winwin Speciality Insulators
Quality Power Electrical Equipments Ltd has executed a term sheet to acquire 100% of Winwin Speciality Insulators Limited (WSIL) for an enterprise value of approximately INR 315 Crores. This strategic acquisition will add high-voltage ceramic insulator manufacturing capabilities up to 1200 kV and polymeric insulators up to 400kV. WSIL operates a modern, automated facility on a 47.7-acre industrial land parcel with port access in Visakhapatnam SEZ. The transaction is subject to due diligence and regulatory approvals, expected to close within three months. This move aligns with Quality Power's strategy to expand its high-voltage product portfolio amidst increasing global investment in transmission networks.
Key Highlights
- Quality Power to acquire 100% of Winwin Speciality Insulators for INR 315 Crores.
- Acquisition adds high-voltage ceramic (1200 kV) and polymeric (400 kV) insulator manufacturing.
- WSIL operates a modern, automated facility on 47.7 acres with port access.
- Transaction subject to due diligence and regulatory approvals; expected to close in 3 months.
- Strengthens Quality Power's high-voltage product portfolio.
Price Impact
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