Published On:May 12 2014
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S M Lodha promoted Indsur Group acquires CDA Contracts Ltd.
Mumbai-based S M Lodha promoted Indsur Group recently announced the acquisition of a leading British thermal engineering company CDA Contracts Ltd. The acquisition of CDA Contracts was completed by Indsur Group through its UK-headquartered arm Indsur Nevron Eurotherm Ltd.
CDA Contracts, which has been specialising in industrial processes, energy, chemical and other sectors for the past over 15 years, marks the second acquisition by Indsur Group in the UK, the first being Nevron Eurothem Insulation in October 2012, now called Indsur Nevron Eurotherm Limited. The announcement of the acquisition coincides with the launch of Indsur Nevron's new UK headquarters, located at India Buildings in Liverpool.
ET