Indsur Group company acquires 2nd firm in UK; opens office in Liverpool

June 26, 2014 4:21 am

 Mumbai-based S.M. Lodha promoted Indsur Group, through its group company, the UK headquartered Indsur Nevron Eurotherm Ltd, announced the acquisition of CDA Contracts Ltd, a leading thermal engineering company that specialises in industrial process, energy, chemical and other sectors for over 15 years throughout the United Kingdom and overseas. This is the second acquisition by Indsur Group in the UK, the first one being Nevron Eurothem Insulation Ltd in October 2012, now named as Indsur Nevron Eurotherm Ltd. Indsur Nevron is a thermal engineering company most notably in H&V, refrigeration and utility sectors. According to Indsur, the acquisition of CDA Contracts will serve to enhance Indsur’s competitiveness throughout the United Kingdom.
The announcement of the acquisition was made at the launch of Indsur Nevron’s newly opened UK based office at India Buildings at Liverpool, which will be the UK headquarters of the Group.
Indsur Group is a ` 475-crore business group headquartered in Mumbai. Recently, the group had set up a facility to make power infrastructure castings in at its Halol plant near Baroda, Gujarat.