BDK Engineering, a family owned valve business based in Hubli, Karnataka, India, manufactures valves for the oil and gas, petrochemical and power markets. The business had sales of £20.9 million in the year to 31 March 2010.
“This acquisition further strengthens our emerging market footprint. BDK's range of valves will enhance our global customer offering and its Indian sales network will provide an additional route to market for many of our existing products,” said Weir chief executive Keith Cochrane.
Bharat Khimji, BDK Engineering’s founder, said: “My family has developed BDK over the last 30 years into an internationally recognised valves manufacturer. We are pleased to entrust the next stage in the growth of the business to an engineering group of Weir’s global standing. We are convinced that this is an excellent outcome for customers and employees. My sons and I look forward to continuing to play our roles in ensuring a smooth transition.”
Weir India currently has two main operations in Bangalore serving the Minerals and Power & Industrial markets and employs 350 people. Weir India also provides engineering support to a number of Weir companies globally.