KSB Limited has 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.
BP&CL is a manufacturer of a wide range of products including reciprocating pumps, centrifugal pumps, reciprocating compressors, and high-pressure seamless gas cylinders. KSB Limited SupremeServ, a dedicated segment of KSB Limited for aftermarket services, will handle this newly acquired venture to undertake spare parts business and service around 5000+ BP&CL products installed in various industries and locations across India.
As per Farrokh Bhathena, Vice President, Sales and Marketing, KSB Limited, the company is delighted to announce the technology acquisition of Bharat Pumps and Compressors. This acquisition will enable KSB Limited to keep growing its pump business. This is a significant milestone in the company’s history to further 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.