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Centum Electronics acquires 51% stake in France’s Adetel Group

India’s Centum Electronics has acquired 51 percent controlling stake in France’s Adetel Group, with an option to increase it further at a future date. The deal would help Centum Electronics to accelerate growth, fill product portfolio gaps, improve market position, benefit from the use of even more advanced technology and establishing a wider, more international presence.

Source:http://www.financialexpress.com/article/industry/companies/centum-electronics-picks-up-51-stake-in-frances-adetel-group-2/288925/

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