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Construction : Deals | January 2013 | Source : Construction Update

CG to buy Compact Fluorescent Lamps for Rs 145 mn

Crompton Greaves has finalised a deal to acquire Compact Fluorescent Lamps (CFL) business of Karma Industries at Baddi in Himachal Pradesh. The approximate value of acquisition of the above mentioned business is Rs 145 million.

The acquisition will double the Company’s capacity in the fast-growing CFL lighting segment and reinforce its presence in the rapidly growing Indian consumer market.

 
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