Cyient clinches its largest deal with acquisition of Finland's Citec

In what is being touted as the largest outbound acquisition by an Indian engineering services company and Cyient’s largest acquisition to date, the Hyderabad based tech solutions provider is acquiring 100% stake in Finnish plant and product engineering services company Citec at an enterprise value of Euro 94 million on a debt-free cash-free basis. https://ift.tt/J293xO8