Cyient signed definitive agreements to acquire Citec, an global Plant and Product engineering services business enterprise serving customers throughout the strength, procedure, oil and gas, and manufacturing industries. This can be the biggest outbound acquisition via an Indian engineering services organization and
Cyient’s largest acquisition so far. The acquisition transactions will be completed all through the zone.

This acquisition will decorate Cyient’s role as a frontrunner inside the Plant and Product Engineering region, make stronger its presence within the electricity industry with a focal point on smooth energy and expand its European footprint in the Nordic nations of Finland, Norway, and Sweden, and in Germany and France.