Crompton Greaves acquires MSE group

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New Delhi, Sept 15 (UNI) Crompton Greaves Ltd today said it has acquired US-based engineering, procurement and construction (EPC) contractor MSE Group for 16 million dollars.

MSE Group is into the business of constructing high voltage electric power systems.

''This acquisition will increase the company's strength as a systems integrator in the EPC international business arena, particularly in the renewable energy (wind) segment,'' a company statement said.

UNI SR AK DS1201

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