Kilburn Engineering Acquires Satyanarayan Industrial Suppliers

Kilburn Engineering, a leading industrial solutions provider, has announced a strategic acquisition of a prime factory unit from M/s. Shree Satyanarayan Industrial Suppliers Private Limited. The factory, located at Plot No. B/78/1, M.I.D.C, Anand Nagar, Additional Ambernath Industrial Area, Ambernath (East), Thane, Maharashtra, includes plant, machinery, office building, work area/shed, amenities, and equipment.

The acquisition, valued at Rs. 22 crores, is subject to due diligence and necessary adjustments. This strategic move marks a significant milestone in Kilburn's growth, enhancing its manufacturing capabilities and operational efficiencies. The close proximity of the new unit to Kilburn’s existing operations is expected to yield synergistic benefits, optimizing production processes.

Ranjit Lala, Managing Director of Kilburn, expressed about the acquisition, stating, "This strategic acquisition aligns perfectly with Kilburn’s vision of strengthening our manufacturing footprint. It not only enhances our capacity but also positions us favorably to meet growing market demands swiftly and efficiently."

Amritanshu Khaitan, Director of Kilburn, commented on the strategic implications, saying, "Acquiring this factory unit underscores our commitment to operational excellence and growth.

The investment will have a quick payback of 12-18 months and will facilitate the execution of our strong enquiry pipeline of orders. It enables us to integrate new capabilities effectively, driving sustained value creation for our stakeholders."

Kilburn projects an additional revenue of approximately Rs. 100 crores post-acquisition, highlighting the financial prudence of the decision. This acquisition reinforces Kilburn's position as a dynamic player in the industrial solutions sector, poised for continued success and growth.

Read the full Announcment Here

Kilburn Engineering

Kilburn Engineering, with nearly 40 years of experience, specializes in the design, manufacture, supply, installation, and commissioning of customized process equipment for diverse applications.

It is one of the few companies globally offering a comprehensive range of solid, liquid, and gas dryers under one roof, catering to industries like PVC, Carbon Black, Chemicals, and food products such as tea, sugar, and rice.

Kilburn also produces specialized packages for onshore and offshore applications. With a skilled workforce of 250 and a management team of 150, Kilburn exports 30-40% of its turnover annually. Professionally managed and listed on the Bombay and Calcutta Stock Exchanges.

Kilburn's commitment to high-quality standards ensures total customer satisfaction. Its technology-oriented teams bring extensive expertise in drying systems, contributing to the company's strength and success.

Satyanarayan Industrial Suppliers   

SSIS, established in 1992 near Mumbai, has evolved into a globally recognized engineering firm specializing in supplying products for the process industry and executing LSTK (Lump Sum Turnkey) contracts worldwide.

Strategically located near Nhava Sheva International Port, SSIS is well-positioned to meet global client demands efficiently. The company expanded significantly by partnering with a Swiss MNC and relocating to Ambernath MIDC, enhancing its manufacturing capabilities and achieving international certifications.

SSIS operates through two strategic business units: SSIS Equipments, focusing on manufacturing industrial products and services, and SSIS Projects, which provides comprehensive LSTK solutions for process plants since 2012.

With ambitions to expand into high-tech product supply for the Defense and Aerospace industries, SSIS is poised for continued growth and aims to strengthen its global footprint in industrial project cycles.