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Siemens acquires Mass-Tech Controls' EV division for Rs 38 crore

Chief Executive Officer Sunil Mathur said that the company shall remain on the lookout to acquire businesses in India to boost its portfolio
Siemens completes acquisition of Mass-Tech Controls Private's EV business for Rs 38 cr

Siemens is a technology company focused on industry, infrastructure, transport as well as transmission and generation of electrical power.
Siemens to acquire Mass-Tech Controls’ EV division; expansion of e-mobility solutions in works

The division being acquired is involved in designing, engineering, and making different types of chargers for EVs.

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Mass Tech Controls Private Limited

Siemens acquires Mass-Tech Controls' EV division for Rs 38 crore

Siemens completes acquisition of Mass-Tech Controls Private's EV business for Rs 38 cr

Siemens to acquire Mass-Tech Controls’ EV division; expansion of e-mobility solutions in works