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Initially, we operated in India through Joint Ventures. In 2009, Fuji Electric India Pvt. Ltd., a 100 % Subsidiary of “Fuji Electric Group” was established. The acquisition of Consul Neowatt, the largest Indian UPS company in 2019 was central to Fuji Electric’s growth plan in India.
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Jun 20, 2019 · Fuji Electric to acquire leading Indian power electronics company Consul Neowatt Power Solutions Pvt Ltd. To read more click on https://www.fujielectric.com/company/news/2019/20190620120204190.html.
Consul Neowatt Power Solutions is the only Indian company to manufacture and market a full range of Power Electronics products - Online UPS, Commercial Inverter, Static Transfer Switch, Servo Voltage Stabilizer , Active Harmonic Filter, Isolation/Ultra/K-Rated/ Transformer, Energy Conserver for Lighting Applications and. Read More.
- Chennai, Tamil Nadu
- Sriram Ramakrishnan
- Consul Neowatt is located in Chennai, Tamil Nadu, India.
- Consul Neowatt is funded by Peepul Capital LLC.
- Consul Neowatt closed its last funding round on Aug 15, 2012 from a Private Equity round.
- Alternatives and possible competitors to Consul Neowatt may include Waves Singer Pakistan, Luxo Living, And O-synce.
Aug 6, 2018 · Consul Neowatt Power Solutions is a formidable name in power conditioning and power back-up products, services and solutions. Maintaining its leadership position for over three decades, this premier power electronics company, adjudged as the fastest growing UPS entity in India, is spreading its wings with an aspiration to become the Indian ...
Jun 20, 2019 · Fuji Electric has entered into an agreement to acquire Indian uninterruptible power supply manufacturer Consul Neowatt Power Solutions (CNPS) for $104 million (Rs 720 Crore). The deal is expected to close by the end of August when Fuji Electric will take a 100 percent stake in CNPS.
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Mar 29, 2019 · Fuji is seeking to buy a majority stake in Consul Neowatt, which is owned by the private equity fund Peepul Capital, two people aware of the development told ET. The deal will mark the first acquisition of Fuji Electric in India, which has a $1-billion UPS and inverter industry.