M&A Deal Summary

Audco and Larsen & Toubro Acquire Audco India

On January 1, 1962, Audco and Larsen & Toubro acquired machinery company Audco India

Acquisition Highlights
  • This is Audco’s 1st and Larsen & Toubro’s 1st transaction in the Machinery sector.
  • This is Audco’s 1st and Larsen & Toubro’s 1st transaction in India.

M&A Deal Summary

Date 1962-01-01
Target Audco India
Sector Machinery
Buyer(s) Audco
Larsen & Toubro
Deal Type Joint Venture

Target

Audco India

Chennai, India
Audco India Ltd. is a domestic valve manufacturing company.

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Buyer(S) 2

Buyer

Audco

Haywards Heath, United Kingdom

Category Company
Founded 1936
Sector Machinery
DESCRIPTION

Audco Ltd. is a manufacturer and supplier of rotary air lock valve.


DEAL STATS #
Overall 1 of 1
Sector: Machinery M&A 1 of 1
Type: Joint Venture M&A Deals 1 of 1
Country: India M&A 1 of 1
Year: 1962 M&A 1 of 1
Buyer

Larsen & Toubro

Mumbai, India

Category Company
Founded 1938
Sector Construction
Employees54,596
Revenue 2.54T INR (2025)
DESCRIPTION

Larsen & Toubro is a technology, engineering, construction, and manufacturing company. It is one of the largest and most respected companies in India's private sector. More than seven decades of a strong, customer-focused approach and the continuous quest for world-class quality have enabled it to attain and sustain leadership in all its major lines of business. L&T has an international presence, with a global spread of offices. A thrust on international business has seen overseas earnings grow significantly. It continues to grow its global footprint, with offices and manufacturing facilities in multiple countries. The company's businesses are supported by a wide marketing and distribution network, and have established a reputation for strong customer support. Larsen & Toubro was founded in 1938 and is based in Mumbai, Maharashtra.


DEAL STATS #
Overall 1 of 3
Sector: Machinery M&A 1 of 1
Type: Joint Venture M&A Deals 1 of 1
Country: India M&A 1 of 2
Year: 1962 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-14 Syncordis SA

Strassen, France

Syncordis SA is a provider of business and IT consultancy exclusively for the FSI supported by the Temenos T24 banking system. Syncordis was founded in 2004 and is based in Strassen, France.

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