Archive · 2 Sep 2025
Waaree Energies Acquires Kotson's to Boost Vertical Integration
Imagine a big solar panel company, Waaree Energies, wants to make sure it can get all the parts it needs.
To do this, they are buying another company called Kotson's, which makes important parts for the power grid, and Impactgrid.
This will help Waaree build solar panels and make sure they are always improving.
Also, Waaree's U.S. division is set to send over 452 megawatts of solar modules to an American company.
This acquisition will help Waaree Energies expand its markets and control their supply chain.
This also means they will be able to make sure the solar panels are high quality, allowing for better expansion and innovation.
Waaree Energies to acquire 64% of Kotson's for ₹192 crore.
Kotson's designs and supplies transformer solutions.
Waaree to acquire 100% of Impactgrid Renewables Pvt Ltd.
The Kotson's deal is expected to close by September 30.
Waaree's US unit secured a deal to supply 452 MW of solar modules.
- Who
- Waaree Energies and Kotson's Pvt Ltd
- What
- Waaree Energies acquired a 64% stake in Kotson's and 100% of Impactgrid Renewables.
- When
- Acquisition of Kotson's expected to close by September 30.
- Where
- The deal involves Indian and US based entities, with an impact on the North American market.
- Why
- Waaree aims to strengthen vertical integration, expand markets, and enhance supply chain control.
- Acquisition Target
- Kotson's Pvt Ltd
- Acquisition Stake
- 64%
- Acquisition Price
- ₹192 crore
- Kotson's Business
- Transformer solutions
- Waaree Impactgrid Acquisition
- 100% of Impactgrid Renewables Pvt Ltd
- Waaree US Module Order
- 452 MW for FY2026-27