CG Power Completes Axiro Acquisition to Bolster Automation & Engineering Capabilities

Date : 25 July 2025
Deal Type : Acquisition
Estimated Value : Not Disclosed
Deal Status : Completed (Integration Underway)
Strategic Fit
CG Power’s acquisition of Axiro is a significant step toward expanding its footprint in the high-potential automation and engineering services sector. With industries rapidly digitizing operations, this acquisition strengthens CG’s ability to offer end-to-end automation solutions across industrial verticals. Axiro’s domain expertise and product offerings are highly complementary to CG Power’s existing capabilities, creating operational and technological synergies.
Deal Structure
The transaction was executed as a full acquisition, though financial terms were not officially disclosed. Management confirmed that FY26 will serve as a transition year, during which the integration of Axiro’s systems, workforce, and operations will be a key focus. The acquisition aims to fully absorb Axiro’s technical capabilities and align them with CG’s long-term strategic roadmap.
Competitive Landscape
CG Power’s move places it in a stronger position against global and domestic automation players. As Indian manufacturing and infrastructure companies increasingly adopt smart technologies, the demand for integrated automation solutions is accelerating. With Axiro onboard, CG Power now has a stronger competitive edge to tap into these trends and scale faster in both domestic and export markets.
Market Reaction
Though specific stock movement wasn’t publicly linked to this announcement, the market sentiment around CG Power remains positive. Analysts view the acquisition as a long-term value accretive move, particularly due to the forecasted ₹400 crore revenue contribution from Axiro in FY26 and expectations of double-digit growth from this vertical going forward.
Final Word
CG Power’s acquisition of Axiro is not just a tactical buy but a strategic alignment with future market needs. As automation becomes the backbone of industrial growth, this acquisition enhances CG Power’s readiness to deliver high-performance, integrated solutions. The successful integration of Axiro will be critical in determining the pace of value realization, but early indicators suggest that CG is now better positioned to lead the next wave of industrial innovation in India.
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