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.
February 7, 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.
Engines, Components & Tyres Finance & Funding

For more information on companies in this article

Related Content

  • Innovation in asphalt paving solutions
    February 9, 2012
    This year has seen a wide array of innovative additions to the asphalt paving market - Mike Woof reports. The worldwide asphalt paving market is both competitive and complex, with an array of important players jostling for position. At the same time, paving controls have taken a great leap forward with the development of accurate 3D systems that can use a combination of laser and GPS positioning. Leica Geosystems, Topcon and Trimble have all introduced new packages for the asphalt paving sector and these
    Read More
  • Zoomlion growing worldwide, particularly in lifting and concrete machine operations
    November 12, 2014
    Zoomlion is confident of future growth in its share of the world market for construction machines - Mike Woof writes Chinese manufacturers now lead the world in both lifting and concrete delivery systems, with Zoomlion featuring a particularly high profile. As one of the biggest manufacturers of construction equipment in China, Changsha-based Zoomlion is now a leading player worldwide in truck cranes, crawler cranes and tower cranes in particular. The firm recently raised its profile by combining its mobil
    Read More
  • Boom in Asian infrastructure investment
    February 8, 2012
    Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth
    Read More
  • Innovations in earthmoving
    May 13, 2024
    New innovations for the crawler excavator market will boost productivity as well as sustainability – Mike Woof writes
    Read More

Highlighted Content