Acquiring Company
Adani Global Limited
Acquired Company
Adani Energy Solutions Ltd
Description
Adani Global Ltd, a subsidiary of Adani Enterprises, has signed a Shareholders’ Agreement with Esyasoft Holding Ltd to acquire a 49% stake in Adani Esyasoft Smart Solutions Ltd. This strategic move aims to strengthen the position of Adani Global Ltd in the development of smart solutions for the utilities sector in India and globally.
Quick answer
Adani Global Limited is acquiring Adani Energy Solutions Ltd, announced April 16, 2024. Adani Global Limited is based in Ahmedabad, Gujarat, India.
- How much did Adani Global Limited pay for Adani Energy Solutions Ltd?
- The deal value was not disclosed.
- What does Adani Global Limited do?
- Adani Global Limited is a subsidiary of Adani Enterprises, focusing on diverse business sectors including metals and mining.
- Where are Adani Global Limited and Adani Energy Solutions Ltd based?
- Adani Global Limited is based in Ahmedabad, Gujarat, India. Adani Energy Solutions Ltd is based in Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates.
- Who are the decision-makers at Adani Global Limited?
- Fundz holds 5 contacts at Adani Global Limited. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Energy and Oil And Gas
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Adani Group acquires Gopalpur Port and expands its rapid expansion spree (March 31, 2024)
- Chevron Corporation to merge with Hess Corporation after stockholder approval (May 28, 2024)
- Adani Energy Solutions acquires Essar’s Mahan-Sipat Transmission assets for Rs 1,900 Crore (May 16, 2024)
- Aerem Solutions completes acquisition of Spinkraft Ventures to enhance comprehensive solar solutions (May 15, 2024)
- PowerGEM, LLC completes acquisition of Astrapé Consulting to strengthen capabilities in clean energy transition management (April 30, 2024)
- Ignite Power expands renewable energy access in 4 West African countries with Oolu acquisition (April 29, 2024)
Who to call at Adani Global Limited, and when
When Adani Global Limited changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Adani Global Limited raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Adani Global Limited, from your own LinkedIn network
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Frequently asked
Who acquired Adani Energy Solutions Ltd?
Adani Energy Solutions Ltd was acquired by Adani Global Limited, based in Ahmedabad. The deal was reported on April 16, 2024. Adani Global Limited is a subsidiary of Adani Enterprises, focusing on diverse business sectors including metals and mining. The company aims to enhance its operations in alumina extraction and aluminium smelting. Adani Global Limited is privately held and operates in Energy.
When did Adani Global Limited acquire Adani Energy Solutions Ltd?
Adani Global Limited's acquisition of Adani Energy Solutions Ltd was reported on April 16, 2024. Adani Global Ltd, a subsidiary of Adani Enterprises, has signed a Shareholders’ Agreement with Esyasoft Holding Ltd to acquire a 49% stake in Adani Esyasoft Smart Solutions Ltd. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Adani Energy Solutions Ltd do?
Adani Esyasoft Smart Solutions Ltd (AESSL) is an Abu Dhabi-based company focused on developing smart solutions including smart metering software, load forecasting, revenue maximization, and other efficiency-based software products and solutions. It is privately held, operating in Information Technology, and is based in Abu Dhabi.
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