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French electrical and digital building infrastructure major Legrand Group has acquired the UPS business of Numeric Power Systems Ltd for Rs 837.08 crore. It is also the second major acquisition by ...
Electrical equipment major Numeric Power Systems has decided to sell its UPS (uninterrupted power system) business to Legrand Group of France for a total consideration of Rs.806.44 crore.
In FY11, Numeric reported revenues of about Rs 500 crore. The deal would help Legrand gain entry to the UPS business and access Numeric’s distribution channel. Numeric is also expected to complement ...
One of the leading power electronics companies in India, Numeric Power Systems Ltd is selling its UPS (uninterruptible power supply) system business to Legrand of France for Rs 829 crore.
Chennai: France’s Legrand group is to acquire the uninterrupted power systems (UPS) division of India’s Numeric Power Systems Ltd for a total of around ₹ 829 crore.
France-headquartered Legrand group's UPS brand in India, Numeric, on January 19 announced the launch of its 3 Phase modular UPS, Keor MOD. The company said the product is designed to meet the ...