Siemens Signs Agreement to Acquire Mass-Tech Controls’ EV division
Siemens Limited has signed an acquisition agreement to acquire Mumbai-based Mass-Tech Controls Private Limited’s EV division. The acquisition, costing nearly INR 380 million, will complete Siemens India’s portfolio of e-mobility solutions and will address the needs of the Indian market. May 19, 2023 Siemens Limited recently signed an agreement to......