BDK Valves & Gurukrupa Group complete 100% acquisition of Theis Precision
Tata Steel Ltd., specializes in specialty cold rolling of high/medium carbon steels in India. The company is also the only manufacturer of precision hot-rolled solid steel profile sections.
They cater to the need of various market segments such as automotive, textile machinery, cutting blades/saws, office machinery, general engineering, etc. They also cater to customized requirements such as desired surface finish, roughness, tempering, dimensional tolerances and packaging.
Theis Precision recently added Hardened & Tempered strips to their product portfolio. “With the backing of BDK Valves and Gurukrupa Group, Theis Precision Steel can now become an undisputed leader in its market segment and accelerate growth & expansion.
The diversification in manufacturing and synergies in terms of manufacturing facilities, processes, and products will give us an edge and add to the products and services offered by us to customers," said Chetan Kothari, director, Theis Precision Steel India. The company has a manufacturing capacity of 40,000 tonne per annum and plans to immediately increase manufacturing capacity to 150000 tonne to enhance its market share in domestic and global markets.
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