# Bajaj Indef acquires 80% stake in Daedalus Lift & Access Equipments

Bajaj Indef announced the acquisition of an 80% equity stake in Daedalus Lift & Access Equipments Pvt. Ltd., a manufacturer of Aerial Work Platforms and Mobile Elevating Work Platforms based in Chakan, Pune. The acquisition supports Bajaj Indef's Vision 500 growth roadmap.

- Type: Acquisition
- Announced: 2025-08-02
- Where: Chakan, Pune, India
- Status: announced
- Products: Aerial Work Platforms, Mobile Elevating Work Platforms, scissor lifts, vertical mast lifts, boom lifts
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Bajaj Indef](https://endata.com/companies/86391.md) (acquirer)
- [Daedalus Lift & Access Equipments Pvt. Ltd.](https://endata.com/companies/86392.md) (target)

## Sources

- [tribuneindia.com](https://www.tribuneindia.com/news/business/bajaj-indef-acquires-80-stake-in-daedalus-to-strengthen-make-in-india-leadership/), 2025-08-02: "Bajaj Indef, a trusted leader in the material handling solutions space, has announced the acquisition of an 80% equity stake in Daedalus Lift & Access Equipments Pvt. Ltd., a pioneering manufacturer of Aerial Work Platforms (AWPs) and Mobile Elevating Work Platforms (MEWPs)."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.