Salasar Techno jumps after receiving LoI to acquire EMC
Mumbai, March 18 -- EMC has grown into a major EPC firm with a history of successfully delivering substantial projects. Since the 1970s, the company has exported galvanized steel towers, conductors, & hardware and of late has diversified its presence by taking up EPC projects in power transmission and substation sectors. Its turnover was Rs 707.03 crore in FY23.
The acquisition will strengthen the company's foothold in the EPC sector, particularly in the power transmission and substation segments, thereby expanding its market reach. With EMC's expertise in turnkey projects, the EPC firm can offer a broader range of services to its clients, catering to their evolving needs comprehensively. The synergies between the company and EMC will le...
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