KSB Limited acquires technology of Bharat Pumps & Compressors Ltd. to strengthen its pump business in India
By OEM Update Editorial March 21, 2023 2:43 pm IST
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.
KSB Limited, one of the world’s leading suppliers of pumps, valves, and systems, recently announced the acquisition of technology from Bharat Pumps and Compressors Ltd. Naini, Prayagraj. 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.
Commenting on the acquisition, Mr. Farrokh Bhathena, Vice President of Sales and Marketing, KSB Limited said, “We are delighted to announce the technology acquisition of Bharat Pumps and Compressors. This acquisition will enable us to keep growing our pump business. This is a significant milestone in the company’s history as we take a step further to strengthen the ‘Make in India’ initiative whilst continuing to serve industries of national importance such as oil and gas exploration, refineries, nuclear power plants and other projects.”
With this acquisition, KSB Limited would leverage its existing strengths and market potential to expand its product line in both the new pump and aftermarket markets by utilising BP&CL’s technology.
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