# 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.

- Type: Expansion
- Announced: 2021-05-24
- Where: Vatva, Ahmedabad, India
- Value: $7.90M (584.6M INR)
- Starts operating: 24 May 2021
- Status: completed
- Products: heavy engineering equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [GMM Pfaudler Group](https://endata.com/companies/35985.md)
- [HDO Technologies](https://endata.com/companies/53844.md) (target)

## Sources

- [thehindubusinessline.com](https://www.thehindubusinessline.com/companies/gmm-pfaudler-starts-operations-at-acquired-facility-at-vatva/article34635781.ece), 2021-05-24: "We are extremely happy to have commenced manufacturing operations within such a short period of time."

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