Quality Power Electrical Equipments and Yash Highvoltage have signed a binding term sheet to jointly acquire Sukrut Electric Company (SECPL), a Pune-based transformer component manufacturer with over six decades of legacy. The acquisition involves a full buyout from a German multinational and is aimed at leveraging Sukrut’s technical strengths and long-standing global relationships.

The transaction marks the unification of two of India’s fastest-growing players in the high-voltage equipment sector—Quality Power, specialising in transformers and power quality solutions, and Yash Highvoltage, a global supplier of condenser-graded bushings. This strategic move enhances their collective capabilities and international footprint.

“Sukrut Electric is a legacy brand synonymous with trust, precision, and long-term relationships across the global transformer ecosystem,” said G. Pandyan, Joint Managing Director, Quality Power. “As grid modernization and the energy transition drive unprecedented demand, this acquisition enables us to scale critical technologies and deepen our global presence.” Keyur Shah, CMD of Yash Highvoltage, added, “Sukrut’s technical maturity and OEM relationships position it for growth. This move strengthens our global market approach and reinforces our commitment to advanced transformer solutions.”

This acquisition is set to meet the rising global demand for resilient, efficient power infrastructure.