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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

GMM Pfaudler starts operations at acquired Vatva facility · Endata

◂ Announcements

May 24, 2021EXPANSIONVatva, Ahmedabad, India

GMM Pfaudler starts operations at acquired Vatva facility

GMM Pfaudler commenced manufacturing operations at a facility in Vatva, Ahmedabad, India, after acquiring the assets of HDO Technologies for ₹58.46 crore. The facility enhances heavy engineering capacity.

Value

$7.90M (584.6M INR)

Starts operating

24 May 2021

Status

Completed

Productsheavy engineering equipment

CompaniesGMM Pfaudler Group HDO Technologies target

Sectors#Industrial Machinery

“We are extremely happy to have commenced manufacturing operations within such a short period of time.”thehindubusinessline.com

1 source
thehindubusinessline.comGMM Pfaudler starts operations at acquired facility at Vatva - The HinduBusinessLineOur BureauMay 24, 2021

Summarized from public sources; check the original articles before acting on it.

More from GMM Pfaudler Group

Mar 16, 2021ACQUISITIONVatva, Ahmedabad, India, India$7.90M
GMM Pfaudler acquires assets of HDO Technologies in liquidation
GMM Pfaudler Group acquirer HDO Technologies target thehindubusinessline.com
Aug 20, 2020ACQUISITIONGermany$27.4M
GMM Pfaudler to acquire majority stake in Pfaudler Group
GMM Pfaudler Group acquirer GMM Pfaudler Group target gmmpfaudler.com
May 23, 2020NEW FACILITYHyderabad, Telangana, India$6.60Mops Nov 2021
GMM Pfaudler to build greenfield glass-lined equipment plant in Hyderabad
GMM Pfaudler Group glassglobal.com
Apr 12, 2019ACQUISITIONPune, India
GMM Pfaudler acquires Industrial Mixing Solutions Division of Sudarshan Chemical Industries
Sudarshan Chemical Industries target GMM Pfaudler Group acquirer gmmpfaudler.com
Mar 21, 2019NEW FACILITYLi Yang, Jiangsu, China$50.0M
GMM Pfaudler breaks ground on glass-lined equipment plant in Li Yang, China
GMM Pfaudler Group gmmpfaudler.com
Nov 26, 2018NEW FACILITYLiyang, Jiangsu, China
GMM Pfaudler to build glass-lined equipment plant in Liyang, China
GMM Pfaudler Group gmmpfaudler.com

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