UK-based Weir Group Plc is acquiring the valves business of BDK Engineering Industries. This acquisition will add to Weir’s global customer offering and its Indian sales network will provide an additional route to Weir Group to market its products. Karnataka-based BDK Engineers Ltd was founded by Bharat Khimji. It makes valves for the oil & gas, petrochemical and power markets. The valves division generated sales of Rs 152 Cr for the year ended on March 2010. The gross assets of the valves division stand at Rs 122 Cr.
