Tag: CG Power

CG Power sells US business to Brazilian company for $37M

India, Mumbai: Mumbai-headquartered CG Power and Industrial Solutions, power and distribution transformer manufacturer and part of Avantha Group, is selling its US business to a Brazilian company WEG at an enterprise value of $37 million.

CG Power deny layoff rumours in Ireland

Ireland, Cavan: The Manager Director of Crompton Greaves (CG) Power in Ireland has dismissed suggestions that they are considering redundancies at its Cavan Town facility, which employs around 450 people.