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Monday, July 30, 2012 - 16:20 IST
Crompton Greaves acquires smart grid automation firm ZIV Group for $185M
BY Bhawna Gupta
This is the 11th acquisition by the firm since 2005; in May 2011, Crompton Greaves acquired QEI Inc. and Emotron AB.
Crompton Greaves Ltd, the flagship company of Gautam Thapar-promoted Avantha Group, has acquired Spain’s ZIV Group for an enterprise valuation of €150 million ($185 million or Rs 1,015 crore) in yet another overseas acquisition of the...
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