Larsen & Toubro (L&T), the engineering conglomerate, has acquired Malaysian company Henikwon Corporation Sdn Bhd for an undisclosed sum. The acquisition was made by L&T’s Malaysia-based wholly-owned subsidiary, Tamco Switchgear.
According to statement from Tamco, Henikwon Corporation is a leading manufacturer of low voltage (LV) and medium voltage (MV) bus duct systems. “The Henikwon acquisition brings a strong customer base of large corporations to Tamco,” it said.
Bus duct is a modern, efficient and cost-effective means of providing motive power and replaces conventional cabling system.
