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Mergers & Acquisitions | 22 October 2012

Vishal Electro Power Acquires Precise Electricals

by Charmi Gutka
Vishal Electro Power Acquires Precise Electricals
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Vishal Electro Power Limited has entered into a definitive agreement to acquire Precise Electricals, manufacturer of customized Instrument Transformers for an undisclosed amount.

CapitalSquare Advisors was the sole advisor to the deal.

Precise Electricals manufactures customized Instrument Transformers (both Current and Potential transformers) for the Power industry, with an average production capacity of approx 40,000 transformers per month.

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