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2014-05-12

S M Lodha promoted Indsur Group acquires second firm in UK

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 specializes in Industrial Process, Energy, Chemical and other sectors for over fifteen years throughout the United Kingdom and overseas.

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 specializes in Industrial Process, Energy, Chemical and other sectors for over fifteen years throughout the United Kingdom and overseas.

 

This is the second acquisition by Indsur Group in UK, the first one being Nevron Eurothem Insulation Limited in October 2012, now christened Indsur Nevron Eurotherm Ltd.

 

Indsur Nevron is an industry leading Thermal Engineering Company most notably in H&V, refrigeration and utility sectors. The acquisition of CDA Contracts Ltd will serve to enhance Indsur’s competitiveness throughout the United Kingdom, The synergies enjoyed by Indsur Nevron and CDA will greatly strengthen Indsur’s standing as a major player and a leading Company within the United Kingdom.

 

The announcement of the acquisition was made at the launch of Indsur Nevron’s newly opened UK based office at prestigious India Buildings at Liverpool, which will be the UK Head Quarters of the Group. The Right Worshipful, The Lord Mayor of Liverpool Mr. Garry Millar performed the official inauguration. The event included a galaxy of notable UK dignitaries and Indsur Group’s main promoter Director SM Lodha.

 

Speaking at the official opening, Lord Mayor Councillor, Gary Millar offered his wholehearted support to the company in the city. He stated, “Indsur is a global Group and it is a great pleasure to welcome them in the city. I look forward to working closely with them to help develop their operations within Liverpool and the UK. I am delighted at the prospects of future jobs that Indsur will bring in the city. This investment is a great reflection of the opportunities that Liverpool has to offer”.

 

Welcoming the distinguished gathering, Mr Terry Cavanagh, Managing Director,Indsur (UK), expressed immense satisfaction with this new acquisition and signaled that Indsur Nevron/ CDA will go on to scale greater heights in the future. He also stated that Indsur within the UK was already heavily associated with large and reputable multi-national enterprises and that further ongoing acquisitions will strengthen and enhance Indsur’s continued ability to fully support its entire valued customer base, both existing and new. He expressed his satisfaction and appreciation for the continued and valuable support by UKTI and Liverpool Vision.

 

The launch event was concluded by yet another feather in the Group’s cap with the unveiling installation of state-of-the-art technology of some of the critical equipment at the company’s metal fabrication facility within its manufacturing plant at Wirral. It was revealed that Indsur has collaborated with one of the world’s reputed Swiss equipment manufacturer in order to assess and consider all areas for improvement in its production processes.

 

Ankur Lodha, Director, Indsur Group (and Indsur Nevron) shared that this modernisation exercise was undertaken to support Indsur (UK) during the next phase of its continual business development. This decision has ensured that the best possible solutions have now been implemented and will help strengthen Indsur’s rapidly evolving business within the UK, whilst also maintaining its considerable success and growth. The latest modernisation is part of a long-term strategy to substantially invest effort and resources on modernisation and continual improvement. This philosophy will serve Indsur (UK) well in its quest to become the biggest and best Thermal Engineering Company in the UK.

 

About Indsur Group

Indsur Group is a Rs 475 crore reputed, diversified business group headquartered in Mumbai, India.  The Group has presence in various industry sectors like Steel castings, Forging, Auto components, Thermal Engineering, Pipes for Oil and Natural Gas etc., with manufacturing facilities located in India and several countries. Recently, the Group had set up a state of art facility to make power infrastructure castings in India at its Halol plant (near Baroda, Gujarat) which is also a major supplier to various European countries.

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