M&A Deal Summary

Tractebel Acquires Cethar

On September 10, 2013, Tractebel acquired manufacturer Cethar from Baring Private Equity Partners India

Acquisition Highlights
  • This is Tractebel’s 1st transaction in the Manufacturing sector.
  • This is Tractebel’s 1st transaction in India.

M&A Deal Summary

Date 2013-09-10
Target Cethar
Sector Manufacturing
Buyer(s) Tractebel
Sellers(s) Baring Private Equity Partners India
Deal Type Add-on Acquisition

Target

Cethar

Tiruchirapalli, India
Cethar is a manufacturer of boilers for power plants for Atmospheric Fluidised Bed Boilers up to 15TPH for industrial applications. Cethar was founded in 1981 and is based in Chennai, India.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Tractebel

Brussels, Texas, Belgium

Category Company
Sector Engineering
Employees4,400
DESCRIPTION

Tractebel is a provider of state-of-the-art engineering and consultancy services throughout the entire lifecycle of installations in order to help clients meet their operational and business objectives in terms of sustainability, profitability, reliability and safety.


DEAL STATS #
Overall 1 of 2
Sector: Manufacturing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 2
Country: India M&A 1 of 1
Year: 2013 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-06 Red Engineering Design

London, United Kingdom

Red Engineering Design Ltd. is a consultancy specialising in the design of innovative and low energy Mechanical, Electrical and Public Health services for Data Centres and commercial and hospitality buildings.

Buy -

Seller(S) 1

SELLER
DESCRIPTION

Baring Private Equity Partners India (BPEP India) is an India-focused private equity firm. The Group targets mid-market transactions and looks for companies with excellent management, recognized brands, strong distribution, and sustainable growth/cash-flows. Sectors of interest include information technology, life science, banking, financial services, insurance, energy, infrastructure, and consumer goods. The Firm will consider both control and minority investment positions. BPEP India was originally part of the Baring Private Equity Partners Group and became independent from the group and parent ING in 2004. BPEP India is based in Gurgaon.


DEAL STATS #
Overall 5 of 6
Sector: Manufacturing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 4
Country: India M&A 5 of 5
Year: 2013 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-04-10 Marico

Mumbai, India

Marico is a consumer products and services company in the global beauty and wellness space. From its foundations, Marico has worked outside the box to bring innovation to its customers through the careful creation of continuous and sustainable change. Marico was founded in 1988 and is based in Mumbai, Maharashtra.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-17 Secova

Budd Lake, New Jersey, United States

Secova offers outsourced employee benefits administration services by analyzing and consulting its clients on their use of healthcare networks, health plan performance, and online enrollment services. Secova was founded in 1989 and is based in Budd Lake, New Jersey.

Sell -