Kalyani Group said it acquired RSBconsult GmbH, a Muenster, Germany-based wind turbine maker, for an undisclosed sum.
The deal further positions the company in the wind turbine sector, considering our presence as a wind farm operator and a supplier of components, chairman B N Kalyani said in a release to the Bombay Stock Exchange.
Kalyani Group said it will initially focus on Europe before it expands to other key markets like US and China by 2010.(Forbes)