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»","https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews",12,1565,{"data":143},{"id":144,"title":145,"slug":146,"excerpt":147,"content":148,"imageUrl":149,"socialImageUrl":150,"publishedAt":151,"author":11,"category":12,"likes":152,"summary":153,"captionLinkedin":154,"captionTwitter":155,"captionInstagram":156,"seo":157,"prevPost":159,"nextPost":163},1159,"Exxelia Expands Indian Operations with SVM Acquisition, Enhances Magnetics Offering for Healthcare","exxelia-expands-indian-operations-with-svm-acquisition-enhances-magnetics-offering-for-healthcare","Exxelia expands its global reach and magnetic component capabilities by acquiring a majority stake in Indian manufacturer SVM Pvt Ltd.","\u003Cp>\u003Cimg style=\"float: left;\" src=\"https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2025\u002FSVM-vignette-headline-homepage-website.jpg\" alt=\"\" width=\"293\" height=\"127\">Exxelia, a leading designer and manufacturer of high-performance passive components and sub-systems, announces the acquisition of 70 percent of SVM Pvt Ltd, a prominent Indian company specialized in the design and manufacturing of critical magnetic components and busbars, specifically serving the healthcare and industrial end-markets.\u003C\u002Fp>\r\n\u003Cp>Founded in 1989 by Hemalatha and Ramprasad Meka, SVM has 35 years of expertise in the design, development, and manufacturing of coils, transformers, and laminated or coated\u002Fplated busbars. Over the years, the company has become a leader in critical magnetic solutions for medical imaging applications, leveraging its deep understanding of all relevant standards and strong commitment to quality.\u003C\u002Fp>\r\n\u003Cp>Meka, who serves as SVM’s Managing Director, will continue to own 30 percent of SVM and will remain in his current leadership role. Aside from an upcoming change of name where SVM will be renamed as Exxelia SVM, the company will continue to operate from its current Chennai facility and does not expect any material Team Member turnover to result from the acquisition.\u003C\u002Fp>\r\n\u003Cp>Through this partnership, Exxelia is reinforcing its footprint in India, enhancing its product offer with busbars, and expanding its know-how and expertise in magnetics while strengthening its position in the medical sector, a key area of development.\u003C\u002Fp>\r\n\u003Cp>Paul Maisonnier, Chief Executive Officer, Exxelia, said, “We are thrilled to welcome SVM to the Exxelia family! SVM is a well-established leader in its niche market, recognized for its great technology and talented teams. By joining forces with SVM, we are significantly enhancing our magnetic product portfolio across a wide range of markets.” Maisonnier continued, “Additionally, we are expanding our presence in India with a new magnetic manufacturing site, complementing our existing capacitor facility. This strategic move will not only strengthen our support for French customers in meeting their offset obligations but also enhance our ability to capitalize on the rapidly growing Indian market.”\u003C\u002Fp>\r\n\u003Cp>Ramprasad MEKA, Founder and Managing Director, SVM, stated, “SVM is delighted to be a part of Exxelia, a human-sized passive component group with deep expertise in magnetics for use in power electronics, medical equipment, and industrial electronics sectors. This partnership marks a significant milestone in SVM’s journey, enabling us to retain our talented team while benefiting from Exxelia’s vast global sales network. We look forward to this new chapter, which will accelerate our international growth and enhance our global reach.”\u003C\u002Fp>\r\n\u003Cp>KPMG Corporate Finance acted as the exclusive financial advisor to the shareholders of SVM Private Ltd for this transaction. On the legal side, VNS Legal Partners acted as the legal advisors to SVM shareholders, and Pioneer Legal acted as the legal advisors to Exxelia.\u003C\u002Fp>\r\n\r\n\u003Cp>For more information: \u003Cstrong>www.exxelia.com\u003C\u002Fstrong>\u003C\u002Fp>","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2025\u002F8xawPlHe14dK2i0sgwwJ.jpg","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fsocial\u002Fhorizontal\u002Fposts\u002FMay2025\u002F8xawPlHe14dK2i0sgwwJ.jpg","2025-05-18T20:44:55+05:30",0,"Exxelia acquires a 70 percent stake in Chennai-based magnetic component manufacturer SVM Pvt Ltd.\nThe partnership strengthens Exxelia's medical sector offerings and expands its manufacturing footprint in India.\nSVM will be renamed Exxelia SVM, with founder Ramprasad Meka remaining in his current leadership role.","Strategic growth in the global components market: Exxelia has announced the acquisition of a 70% stake in SVM Pvt Ltd, a specialist in critical magnetic components and busbars. By integrating SVM’s 35 years of expertise—particularly in the medical imaging sector—Exxelia is significantly reinforcing its presence in India and enhancing its technical portfolio. This acquisition is a major step in scaling operations and supporting global customers with high-performance passive components. We look forward to seeing how this synergy drives innovation in the medical and industrial electronics spaces. A significant milestone for the international expansion of both teams involved. #Exxelia #StrategicAcquisition #ManufacturingInnovation","Big moves in the industrial sector! Exxelia strengthens its global footprint and magnetic component portfolio through a 70% acquisition of India-based SVM Pvt Ltd. A strategic step for medical and power electronics. #Exxelia #Manufacturing","Big news in the manufacturing world! 🌏 Exxelia just announced they’re acquiring a 70% stake in the Indian firm SVM Pvt Ltd. By joining forces, they’re set to level up their production of critical magnetic components and busbars for the healthcare and industrial sectors. 🏥⚡ With 35 years of expertise coming into the fold, this is a massive boost for Exxelia’s reach in the Indian market. We love seeing industry leaders expanding their horizons and investing in innovation! Congrats to both teams on this exciting new chapter. 📈✨ #Exxelia #SVM #Manufacturing #IndustrialTech #HealthcareInnovation #GlobalExpansion #BusinessGrowth",{"title":145,"description":147,"keywords":158},"exxelia, svm acquisition, magnetic components, medical imaging, industrial electronics, passive components, busbars, manufacturing in india, power electronics",{"title":160,"slug":161,"imageUrl":162},"Mitsubishi Electric India’s Leadership Change: Atsushi Takase Named MD","mitsubishi-electric-indias-leadership-change-atsushi-takase-named-md","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2025\u002FcGiG4HU3bxsS7Uw67cqI.jpg",{"title":164,"slug":165,"imageUrl":166},"LAPP India Names Sumit Mitra as New Managing Director","lapp-india-names-sumit-mitra-as-new-managing-director","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2025\u002FTi1XJoq39eMGxursDOPX.jpg",{"data":168,"links":173,"meta":177},[169],{"title":170,"youtubeUrl":171,"createdAt":172},"Bharat Fritz Werner Ltd. 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