Proposal Brief
Industry
Electrical Equipment
Sub Industry
Electric Motors/Generators/Switchgears/Circuit Breakers
Deal Size
INR 50 - 200 Cr
Preferred Location
India
Region
Northern
Looking to acquire
B2B Manufacturing businesses (Own Brand)
Open for Distressed Assets
No
Target Requirement
A strategic buyer is seeking to acquire an SME or lower-mid-market electrical manufacturing business with established manufacturing capabilities and a strong presence across power generation, transmission and distribution, industrial, and infrastructure sectors.
The preferred acquisition criteria are as follows:
1. Business Profile: Preferably based in North India (Delhi NCR, Haryana, Rajasthan, Uttar Pradesh, etc.). Open to full or majority stake sales, phased exits, or strategic partnerships. A clean financial and legal standing is essential.
2. Product Range: Manufacturers of LT/HT switchgear, PCC, MCC, APFC panels, PLC-based DG synchronizing panels, and auxiliary T&D panels.
3. Technical Credentials: Products should be type-tested (IS/IEC standards) with CPRI/ERDA certifications. In-house design and QA capabilities are preferred.
4. Customer Approvals: Companies with vendor approvals from utilities like NTPC and PGCIL, or major EPCs/OEMs such as L&T, Siemens, and ABB.
The buyer is open to full or majority stake acquisitions, phased exits, and strategic partnerships. Clean financial and legal standing is essential, with a particular interest in off-market, promoter-led opportunities.
