C&S Electric, a power equipment maker, on 14 December 2011, acquired Netherlands based Etacom ISD BV for Euros 20 million (approx Rs 139 crore).
The acquisition was done through C&S Electric subsidiary C&S Electric International BV. Etacom ISD BV is Dutch holding company for the Etacom Group that specialises in manufacturing insulated busbars. The acquisition is C&S Electric's second overseas venture as it has already started a greenfield company in China.