JV/AcquisitionAcquisition
Fujiyama Power Systems is boosting its value chain by acquiring 31% stakes in Zayo Energy Private Limited and Zayo Cables Private Limited.
Fujiyama Power Systems LimitedUTLSOLAR · Filed with the exchange
This move aims for backward integration, as both companies operate in manufacturing solar panel components and electric wires/cables, aligning with Fujiyama's core business.
The deal is expected to enhance operational and strategic synergies.
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