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KPTL acquires Swedish EPC company Linjemontage i Grastorp
May 22, 2019

Indian Kalpataru Power Transmission has acquired an 85% stake in Sweden’s Linjemontage I Grastorp AB for a USD 24m enterprise value. Linjemontage specializes in electricity network services and power supply solutions. The firm has recorded a growth rate of CAGR 15% with revenues of SEK 700m in 2018, corresponding to an EV / sales multiple of 0.33x.

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