BDK Valves and Gurukrupa Group Acquire Theis Precision Steel
28/07/2023 Gujarat, India
BDK Valves (a leading manufacturer of Industrial valves providing flow control solutions to global customers) and Gurukrupa Group (a leading realty developer in western India), announced the successful acquisition and controlling (100%) stake in Theis Precision Steel India Pvt. Ltd. (Theis Precision). This is the second acquisition of international companies by the promoter group to serve customers in India & across the world.
Theis Precision, formerly owned by Tata Steel Ltd., is a pioneer in specialty cold rolling of high/medium carbon steels in India. Today, it is a leading specialty cold rolled steel strips manufacturer in the country. It also is the only manufacturer of precision hot rolled solid steel profile sections, by a unique process, to sat...