Cyient acquires Singapore-based Global Services Engineering from Pratt & Whitney
Through this transaction, Cyient will continue to build on its growth strategy for the Asia Pacific region, specifically in aftermarket services for the aerospace industry
Cyient Limited – the Hyderabad-based provider of engineering, data analytics, networks and operations solutions – has acquired Singapore-based Global Services Engineering Asia from Pratt & Whitney Services Pte Ltd. This site provides repairs, development and validation for aero gas turbine engine components in support of Pratt & Whitney throughout the region. The deal, which was structured as an asset purchase, is expected close at the end of August 2015.
Krishna Bodanapu, managing director and CEO, Cyient Ltd, said, “Cyient is very proud to further strengthen our long-term partnership with Pratt & Whitney through this transaction, and is excited to welcome these highly skilled employees into the Cyient family. We are committed to growing our aerospace aftermarket services in the region and expanding our reach into other industries within Singapore. This marks a significant step forward for Cyient in shaping our vision for the future.”
Through this transaction, Cyient will continue to build on its growth strategy for the Asia Pacific region, specifically in aftermarket services for the aerospace industry. A leader in aerospace engineering, Cyient has built a strong presence over the years in mechanical and manufacturing engineering, as well as software, systems and electronics, in addition to aftermarket services. Cyient Asia Pacific is headquartered in Melbourne, Australia and has 11 sales and delivery locations across the region supporting various industries.
