El Sewedy Electric Company (CASE:SWDY) acquired Validus Engineering Pvt Ltd. on May 6, 2021. In a related transaction El Sewedy Electric also acquired 95% stake in PT CG Power Systems Indonesia. The total purchase price for both transaction is $60 million. El Sewedy Electric Company (CASE:SWDY) completed the acquisition of Validus Engineering Pvt Ltd. on May 6, 2021.