Quality Power to acquire 100% stake in Winwin Speciality Insulators for INR 315 Cr
QPOWER · price
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Quality Power signed a term sheet to acquire 100% of Winwin Speciality Insulators (WSIL) for an enterprise value of about INR 315 Crores. WSIL makes ceramic insulators up to 1200 kV at its automated Visakhapatnam SEZ facility on 47.7 acres, carrying the WS Insulators brand since 1961, with capacity around 18,000 MTPA. Deal is subject to due diligence and approvals, expected to close in three months. Part of Quality Power's continuing acquisition strategy in high-voltage equipment.
Strengthens high-voltage insulator portfolio with INR 315 Cr acquisition. Positive growth signal, but deal pending due diligence and approvals, so no immediate impact.