November 22, 2008

Crompton Greaves acquires Sonomatra in France

BL reported that, in its fourth global acquisition, electrical equipment major Crompton Greaves Limited has bought French power transformers repairing leader Societe Nouvelle de Maintenance Transformateurs for EUR 1.30 million.

Crompton Greaves in a regulatory filing said that the acquisition would help its capabilities in the services segment of its transmission and distribution business. Though Crompton Greaves has been focusing on 3 segments of power systems, industrial systems and consumer products, it is mainly identified with its fans and lighting business.

This is the fourth acquisition for the firm in the international arena. It acquired Belgium based transformer manufacturer Pauwels. Thereafter, it acquired Hungary based Ganz, a leading manufacturer of extra high voltage transformers, gas insulated switchgear and other related components. In 2007, it acquired Ireland based transmission and distribution focused Microsol Holdings Limited and its associate companies.

Sonomatra is engaged in providing on-site maintenance, repair of power transformers, on load tap changers, oil analysis, oil treatment and retrofilling.