DavyMarkham acquired

UK engineering firm DavyMarkham is now owned by Indian company, Hindustan Dorr Oliver (HDO). The Indian firm is a subsidiary of IVRCL Infrastructures & Projects and this acquisition provides HDO with an entry into the heavy engineering market.
May 2, 2012 Read time: 1 min
UK engineering firm 2398 DavyMarkham is now owned by Indian company, 1484 Hindustan Dorr Oliver (HDO). The Indian firm is a subsidiary of 1318 IVRCL Infrastructures & Projects and this acquisition provides HDO with an entry into the heavy engineering market. The size of the acquisition has not been revealed at this stage however. DavyMarkham is a well-established firm in the heavy engineering sector with a history going back 180 years and which has been active in the transportation market with expertise building large components weighing up to 350tonnes.

For more information on companies in this article

Related Content

  • Construction equipment market to grow - CEA report
    February 29, 2012
    The UK’s Construction Equipment Association attracted a large audience for its annual general meeting.
    Read More
  • Metso looks to develop its international profile following its recent demerger
    March 12, 2014
    Metso CEO and president Matti Kähkönen explained how the company is evolving - Mike Woof reports Finnish crushing and screening specialist Metso is looking to expand its worldwide operations following the recent demerger of the group. CEO and president Matti Kähkönen said that Metso has been a multi-industry business for the last 14 years. The firm’s biggest divisions have been the joint construction and mining division and the pulp and paper business, with its automation sector being the smallest of the
    Read More
  • India plans major infrastucture investment
    February 10, 2012
    India says it turned its Commonwealth Games into a world-class success, and now it aims to do the same with its infrastructure. Patrick Smith reports. On October, 2010 India put itself on the world stage, and disaster appeared to loom as a catalogue of problems dogged its biggest ever sporting event. Costing nearly US$2 billion to stage, the most expensive Commonwealth Games ever were, according to some, in doubt.
    Read More
  • India plans major infrastucture investment
    April 5, 2012
    India says it turned its Commonwealth Games into a world-class success, and now it aims to do the same with its infrastructure. Patrick Smith reports On October, 2010 India put itself on the world stage, and disaster appeared to loom as a catalogue of problems dogged its biggest ever sporting event. Costing nearly US$2 billion to stage, the most expensive Commonwealth Games ever were, according to some, in doubt. After years of planning some projects were incomplete, there were health scares and a br
    Read More

Highlighted Content