IMC SWARNAA acquires Trillium Flow Technologies to diversify its portfolio

By OEM Update Editorial August 14, 2021 2:27 pm IST

Company completes acquisition of 100 percent stake of Trillium Flow Technologies to expand its market presence.

IMC Swarnaa Ventures Pvt Ltd., a joint venture of Hubballi based IMC and SWARNAA Group of companies, announced the successful acquisition of 100 percent stake in Trillium Flow Technologies India Private Limited (earlier know as Weir India Pvt. Ltd.), a leading player in manufacturing Ball Valves, Butterfly Valves, Diaphragm Valves, safety relief valves and Plug Valves, under the well renowned “BDK Valves” brand, expanding their market offerings.

Well reputed in the domestic market, Trillium Flow technologies serve prestigious clients such as Reliance, Adani, ONGC, HMEL, NTPC, JSW, L&T, General Electric, Doosan, Siemens, Ion Exchange, including international clientele such as ABB Alstom, Hitachi and Honeywell, among others. Through this acquisition, the Company hopes to continue catering to the various industrial segments such as Oil and Gas, Power, Metals and Mining. In 2010, the Indian Company BDK Engineering Industries Ltd. was acquired by Wier Engineering services for ₹298.3 Crores., which was then renamed to Trillium Flow Technologies India Private Limited.

Commenting on the occasion Bimal Mehta, Chairman, IMC Swarnaa Ventures Pvt Ltd said, “The acquisition of Trillium is a unique transaction bringing a pioneering leader in valve manufacturing back in the hands of Indians. This acquisition strengthens our presence in the category and our commitment to drive value for our customers. We look forward to combining IMC Swarnaa’s capabilities with the talent and expertise brought by Trillium’s team as we expand our market presence.”

V.S.V. Prasad, Co-Chairman, IMC Swarnaa Ventures Pvt. Ltd., Said, “Through this acquisition, we are confident of taking Trillium Flow Technologies to the next level with the support of our employees, customers and all other stakeholders and restore the company to its earlier reputation. The 56-year metals trade experience of IMC group combined with RDSO standard manufacture expertise of Swarnaa group will add an unparalleled growth to the new acquisition.”

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