Quality Power Electrical Equipments and Yash Highvoltage have jointly announced the signing of a Binding Term Sheet to acquire a 100% stake in Sukrut Electric Company (SECPL), a Pune-based transformer component manufacturer with a legacy spanning over six decades.
The acquisition is being executed via a complete buyout from a German Multinational.
Bharanidharan Pandyan, Joint Managing Director of Quality Power, said, “Sukrut Electric is a legacy brand synonymous with trust, precision, and long-term relationships across the global transformer industry. Their deep integration with hundreds of transformer OEMs worldwide gives us an exceptional platform to serve the evolving demands of energy infrastructure. As grid modernization and the energy transition drive unprecedented demand for high-performance transformer components, this acquisition positions us to deliver critical technologies at scale, deepen our global presence, and play a meaningful role in enabling the next generation of resilient and efficient power systems.”
Keyur Shah, Chairman and Managing Director of Yash Highvoltage, said, “Sukrut is a respected name in the transformer ecosystem with enduring relationships and technical maturity. With the combined support of Quality Power and Yash Highvoltage, we aim to expand Sukrut’s product depth, modernize operations, and position it as a preferred supplier for global OEMs. This acquisition is not just about scale—it’s about strategic alignment to serve a global market more effectively.”
Quality Power Electrical Equipments is an Indian multinational specializing in high-voltage power equipment and advanced power quality solutions.
Yash Highvoltage is an Indian manufacturer of high-voltage and EHV condenser-graded transformer bushings, with over 35,000 units operating globally.
