M&A Deal Summary

Bharat Heavy Electricals Acquires Heavy Plates & Vessels Plant

On May 10, 2008, Bharat Heavy Electricals acquired machinery company Heavy Plates & Vessels Plant

Acquisition Highlights
  • This is Bharat Heavy Electricals’ 1st transaction in the Machinery sector.
  • This is Bharat Heavy Electricals’ 1st transaction in India.

M&A Deal Summary
Date 2008-05-10
Target Heavy Plates & Vessels Plant
Sector Machinery
Buyer(s) Bharat Heavy Electricals
Deal Type Add-on Acquisition

Target

Heavy Plates & Vessels Plant

Visakhapatnam, India
website
Heavy Plates & Vessels Plant is a manufacturer of process plant equipment, turnkey cryogenic systems, combustion systems, and oil and gas systems.

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Buyer(S) 1

Buyer

Bharat Heavy Electricals

New Delhi, India

website

Category Company
Founded 1964
Sector Engineering
Employees32,131
Revenue 201.5B INR (2022)
DESCRIPTION

Bharat Heavy Electricals is an integrated power plant equipment manufacturer and one of the largest engineering and manufacturing company of its kind in India engaged in the design, engineering, manufacture, construction, testing, commissioning and servicing of a wide range of products and services for core sectors of the economy, viz. Power, Transmission, Industry, Transportation (Railways), Renewable Energy, Oil & Gas, Water and Defence with over 180 products offerings to meet the needs of these sectors. Bharat Heavy Electricals was founded in 1964 and is based in New Delhi, India.

DEAL STATS #
Overall 1 of 1
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (India) 1 of 1
Year (2008) 1 of 1
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