Heavy Electrical Equipment

Crompton Greaves Ltd approves scheme for vertical demerger of consumer products business into a separate listed company

Crompton Greaves Ltd:Approved new scheme of arrangement for vertical demerger of Consumer Products Business unit of CG into its wholly owned subsidiary, Crompton Greaves Consumer Electricals Limited with effect from Oct. 1.Says to implement 100 pct demerger of Consumer Products business, such that...

3:31am EST

Beijing Sifang Automation to close subsidiaries

Beijing Sifang Automation Co Ltd:To close four subsidiaries respectively in Baoding, Nanjing and Beijing.

Monday, 2 Mar 2015 07:00pm EST

Beijing Sifang Automation to set joint ventures

Beijing Sifang Automation Co Ltd:To set up a joint venture A in Beijing with five individuals.The joint venture A will be engaged in technological development business, with a registration capital of 20 million yuan.The company will hold a 72 pct stake in the joint venture A.To set up a joint...

Monday, 2 Mar 2015 07:00pm EST

Global Power closes acquisition of Siemens' eHouse Manufacturing

Global Power Equipment Group Inc:Closes its previously announced acquisition of Siemens' eHouse manufacturing operations through its subsidiary Koontz-Wagner Custom Controls Holdings, LLC.Acquisition will enhance Global Power's manufacturing footprint and will serve as a platform to provide Global...

Monday, 2 Mar 2015 07:30am EST


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