# Pai Machines completes asset purchase of L&T Construction Equipment facilities

Pai Machines, a brand of Infra Bazaar Tech Pvt Ltd, has completed the asset purchase of the machinery works manufacturing facilities of L&T Construction Equipment Limited, including a 70-member team, with a plant capacity of over 1,800 units and employing over 300 people.

- Type: Acquisition
- Announced: 2024-12-17
- Where: India, India
- Jobs: 300
- Status: completed
- Capacity: more than 1,800 units
- Products: construction equipment, earth-moving machines, electric tractors, wheel loaders, mini excavators
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [L&T Construction Equipment Limited](https://endata.com/companies/64682.md) (target)
- [Pai Machines](https://endata.com/companies/81809.md) (acquirer)

## Sources

- [prnewswire.com](https://www.prnewswire.com/in/news-releases/abhijeet-pais-pai-machines-completes-the-asset-purchase-of-the-manufacturing-facilities-of-lt-construction-equipment-limiteds-machinery-works-302332603.html), 2024-12-17: "Our vision for Pai Machines is to lead the way in in-house development of cutting-edge products, establishing a robust foundation for delivering exceptional service to our customers."

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