Out of 60 sectors in the Mergr database, energy services and equipment ranked 13 in number of deals in 2012. The largest energy services and equipment acquisition in 2012 was Progress Energy - which was acquired by Duke Energy for $32.0B.
Join Mergr to view all 164 acquisitions of energy services and equipment companies in 2012, including 62 acquisitions by private equity firms, and 102 by strategics.
Zheltoksan Str. 205,
7 83282 22 18 15
Asia Electric was incorporated in 1991 in Talgy-Korgan. It is the second-largest domestic manufacturer of insulated electric/power cables (low and high voltage), conductors, meters and other electric devices. It produces 6,500 types of electric/power cables and conductors with various technical characteristics, including differing insulation and diameters, and 38 types of electric meters and other devices.
Asia Electric was acquired by The Abraaj Group on February 1, 2012.
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