022 24172311
Sections
Search
DealCurry
Equity
Venture Capital
Private Equity
M&A

Mergers & Acquisitions | 4 April 2012

L&T's Electrical Business Acquires UK based Thalest Limited

by Charmi Gutka
L&T's Electrical Business Acquires UK based Thalest Limited
Share on Social Media Email Facebook Twitter Linkedin
 
@Charmi
The Electrical & Automation business of Larsen & Toubro has acquired UK based Thalest Limited, the holding company of Serowatch Systems Ltd, Bond Instrumentation & Process Control Ltd and Servowatch Inc. Terms of the transaction were not disclosed.

Thalest Ltd offers integrated platform management system (IPMS) and Integrated Bridge System (IBS) solutions for naval warships and mercantile marine ships, vessels and floating systems. L&T has been active in this space. L&T alongwith Servowatch supplies IPMS and IBS solutions to the Indian Navy.

Bajaj Auto Acquires Additional 6.3% In KTM Power Sports

Bajaj Auto Acquires Additional 6.3% In KTM Power Sports

Bajaj Auto Limited has acquired additional 6.3% stake in Austria based KTM Power Sports AG, taking its stake to around 47%.

Read More...

Warburg Pincus, General Atlantic To Acquire Majority Stake In Sharekhan

Warburg Pincus, General Atlantic To Acquire Majority Stake In Sharekhan

After five months of negotiations and competitive bidding, the global PE funds Warburg Pincus and General Atlantic, emerge as the frontrunner to buy a majority stake in brokerage and financial services firm, Sharekhan at a deal valued between R2,000- 2,400 Cr.

Read More...
Subscribe
Enter your Email address
to receive all the news