Crompton Greaves has acquired US-based QEI Inc at an
approximate enterprise value of $30 million. Based in
Springfield, New Jersey, USA, QEI is a market leader in
providing SCADA and automation systems and products for the
management of electric transmission and distribution networks in
electric utilities and electrified transit. The company was originally
formed in 1960 as Quindor Electronics.
This is CG's ninth acquisition in a span of six years (beginning
2005); the others being Pauwels, Ganz, Microsol, Sonomatra, MSE
Power Systems, PTS, three businesses in Nelco, and Emotron.
Untitled Document
Crompton Greaves acquisitions since 2005 |
| Year |
Company |
Country |
Activity |
| May 2005 |
Pauwels |
Belgium |
Transformers |
| Oct 2006 |
Ganz |
Hungary |
EHV Transformers, GIS, etc |
| May 2007 |
Microsol Holdings |
Ireland |
Substation & distribution automation |
| Jun 2008 |
Sonomatra* |
France |
Power transformer repairs |
| Dec 2008 |
MSE Power Systems |
USA |
EPC of HV power systems |
| Mar 2010 |
Power Technology Solutions |
UK |
Electrical engineering |
| Apr 2010 |
Nelco (three business units) |
India |
Traction electronics, drives, etc |
| May 2011 |
Emotron |
Sweden |
Drive systems |
| May 2011 |
QEI Inc |
USA |
Scada and automation |
| *Societe Nouvelle de Maintenance de Transformateurs |