The Weir Group PLC has acquired the valves business of BDK Engineering Industries Limited (“BDK”). BDK, a family owned business based in Hubli, Karnataka, India, manufactures valves for the oil and gas, petrochemical and power markets. The business generated sales of £20.9m during the year ended March 31, 2010 and had gross assets of £16.7m. Weir will integrate BDK’s range of valves into its global customer offering and BDK’s Indian sales network will provide an additional route to market many of Weir’s existing products.
