M&A Deal Summary

CG Power and Industrial Solutions Acquires CG Power Solutions USA

On September 15, 2008, CG Power and Industrial Solutions acquired engineering company CG Power Solutions USA

Acquisition Highlights
  • This is CG Power and Industrial Solutions’ 1st transaction in the Engineering sector.
  • This is CG Power and Industrial Solutions’ 1st transaction in the United States.
  • This is CG Power and Industrial Solutions’ 1st transaction in New York.

M&A Deal Summary

Date 2008-09-15
Target CG Power Solutions USA
Sector Engineering
Buyer(s) CG Power and Industrial Solutions
Deal Type Add-on Acquisition

Target

CG Power Solutions USA

Albany, New York, United States

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Buyer(S) 1

Buyer

CG Power and Industrial Solutions

Mumbai, India

Category Company
Founded 1937
Sector Machinery
Employees3,113
Revenue 98.1B INR (2025)
DESCRIPTION

CG Power and Industrial Solutions provides electrical products, systems, and services for utilities, power generation, and industries. The company is organized into three business groups: Power, Industrial, and Automation. CG’s products and technologies cover the entire value chain of engineering offerings. From generation, transmission, distribution, and conversion, it manages and tends electricity to travel great distances, directing it intelligently to the end-user and helping convert it efficiently back into motive power. CG’s solutions address the growing complexity and scale of modern infrastructure, with smart devices and systems to bridge demand and supply, as well as supporting the renewable energy movement with creative leadership and smart solutions. CG Power and Industrial Solutions was founded in 1937 and is based in Mumbai, Maharashtra.


DEAL STATS #
Overall 1 of 2
Sector: Engineering M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 2
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2008 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-07-27 ZIV Aplicaciones Y Tecnologia SL

Bizkaia, Spain

ZIV is one of the leading manufacturers, distributors and installers of safety, control, metering and telecommunications products for power utilities. ZIV’s products are critical to the proper functioning of substations and electricity networks.

Buy €150M