Crompton Greaves Limited (CG), has announced acquisition of U.K.-based Power Technology Solutions Limited (PTS).
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The approximate Enterprise Value of this acquisition is GBP 30 million. CG Power, the energy transmission and distribution division of Crompton Greaves Limited with business on all continents, is responsible for the UK market from its Belgium based headquarter. Established in 1999, PTS is a high voltage electrical engineering company which provides consultancy, technical and engineering support to regional electricity companies.
