Add-on Acquisition • Electrical Equipment

MAN Diesel & Turbo SE Acquires MaxWatt Turbines Pvt.

On June 30, 2015, MAN Diesel & Turbo SE acquired electrical equipment company MaxWatt Turbines Pvt.

Acquisition Context
  • This is MAN Diesel & Turbo SE’s 1st transaction in the Electrical Equipment sector.
  • This is MAN Diesel & Turbo SE’s 1st transaction in India.

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M&A Deal Summary

Date June 30, 2015
Target MaxWatt Turbines Pvt.
Sector Electrical Equipment
Buyer(s) MAN Diesel & Turbo SE
Deal Type Add-on Acquisition

Target Company

MaxWatt Turbines Pvt.

Bangalore, India
MaxWatt Turbines Pvt. Ltd. is a manufacturer of steam turbines in the rating of up-to 15,000 KW. It supplies turbines for varied mechanical drive, co-generation or power-generations in configurations which include back pressure, condensing, extraction cum back pressure and extraction cum condensing.
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Buyer Overview 1

Buyer

MAN Diesel & Turbo SE

Augsburg, Germany

Category Company
Founded 1981
Sector Machinery
DESCRIPTION

MAN Diesel & Turbo SE is a provider of large-bore diesel engines and turbomachinery for marine and stationary applications.


Deal Context for Buyer #
Overall 1 of 1
Sector: Electrical Equipment 1 of 1
Type: Add-on Acquisition 1 of 1
Country: India 1 of 1
Year: 2015 1 of 1