[image: Marsons Announces Rs 411 Mn European Acquistion]<http://www.dealcurry.com/20100524-Marsons-Announces-Rs-411-Mn-European-Acquistion.htm>
Marsons Ltd has announced the acquisition of an unknown European transformer manufacturer for Rs.41 Cr (GBP 6.1 mn) subject to due diligence. Recently, the company bagged order worth Rs.60 Cr from Rajasthan Rajya Vidyut Prasaran Nigam Ltd (RRVPNL) to supply 32 nos. 25 MVA 132/33 KV power transformers. Marsons has a design and manufacturing capacity ranging from 25 KVA to 100 MVA 220/132 KV class power and distribution transformers. Transformers produced by the company are used in the sectors of defence, railways, tea estates, cement mills, steel-rolling mills, state electricity boards, and private enterprises. Transaction Note Marsons Limited is an India-based company engaged in the manufacturing of power and distribution transformers, furnace transformers, dry type transformers and various types of special application transformers. Its power transformers include generator transformers, unit auxiliary transformers and station auxiliary transformers. Distribution transformers include dry type transformers up to two Megavolt Ampere 33 kilovolt Class. Furnace transformers include arc furnace transformers and ladle furnace transformers. Instruments transformers include potential transformers. Its clients include state electricity board and power utilities of Rajasthan, West Bengal, Madhya Pradesh and Maharastra. Corporate customers include Tata Group of Companies, Relience Group and Bharti Airtel. Its overseas customers include Castle Cement in United Kingdom and Teklec in Dubai. Marson reported net profit of Rs 3.04 Cr in Q4 2010 compared to net loss of Rs 1.24 Cr in Q4 2009 and its net sales jumped 257.3% to Rs 31.16 Cr in Q4 2010 over Q4 2009. For financial year 2009-10, the company reported net profit of Rs 2.49 Cr compared to net loss of Rs 0.74 Cr for 2008-09 and Net sales rose 78.7% to Rs 78.30 Cr in 2009-10 over 2008-09. -- Regards Hardik Shah -- You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en.
