By IANS,
Kolkata : TRF Limited, a Tata enterprise has acquired Britain-based Hewitt Robins International Ltd (HRIL), a company statement said Friday.
In an agreement signed Friday between Sudhir Deoras, managing director of TRF Limited, and Christopher Pratt, director of HRIL, the British company will become a 100 percent subsidiary of TRF. The acquisition is valued at 3 million pounds.
TRF manufactures a range of handling and processing equipment for power, steel, cement, mining, and fertilizer industries.
HRIL is engaged in bulk material handling and processing.
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