Kilburn Engineering Ltd (KEL) has acquired M E Energy Private Ltd, a prominent player in waste heat recovery and reutilization systems, for Rs 98.70 crore. This strategic move aims to establish KEL as a comprehensive solution provider in the thermal engineering sector. M E Energy, with a revenue of Rs 44.70 crore in 2022-23, brings valuable expertise in waste heat recovery solutions, complementing KEL's existing portfolio of drying systems.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.