Pumps and Valvesworld trade 2024+3.2% 5Y CAGR
Mar 20, 2023ACQUISITIONNaini, Prayagraj, India KSB acquires technology of Bharat Pumps and Compressors
KSB Limited acquired the technology of the products made by Bharat Pumps and Compressors Ltd in Naini, Prayagraj, giving it sole ownership. KSB's SupremeServ unit will handle spare parts and service for around 5000 BP&CL products in India.
Productsreciprocating pumpscentrifugal pumpsreciprocating compressorshigh-pressure seamless gas cylinders
“With this acquisition, KSB Limited becomes the sole and exclusive owner and shall have rights to the Technology of the products manufactured by BP&CL.”economictimes.indiatimes.com
- 5 sources
- economictimes.indiatimes.comKSB acquires Bharat Pumps and Compressors - The Economic TimesMar 20, 2023
- business-standard.comKSB Limited acquires Technology of Bharat Pumps & Compressors Ltd to strengthen its Pump Business in IndiaMar 20, 2023
- thehindubusinessline.comKSB acquires Bharat Pumps and Compressors' technology - The HinduBusinessLineMar 21, 2023
- mnacritique.mergersindia.comKSB acquires Bharat Pumps and Compressors | M&A CritiqueMar 21, 2023
- constructionworld.inKBL acquires Bharat Pumps and Compressors
Summarized from public sources; check the original articles before acting on it.