Kilburn Engineering Ltd, has purchased a factory in Thane for ₹22 crore to increase its capacity due to a growing order book. The facility, located in Anand Nagar, Additional Ambernath Industrial Area, was bought from Shree Satyanarayan Industrial Suppliers Private Limited and includes crucial assets such as machinery, office building, and equipment.
The company described the acquisition as a ‘significant milestone’ in its growth path, emphasizing its dedication to expanding manufacturing capabilities and improving efficiencies. The close proximity of the new unit to Kilburn’s existing operations is expected to create synergistic benefits.
Amritanshu Khaitan, director of Kilburn, commented, “The investment will have a very quick payback of 12-18 months and will facilitate the execution of our strong enquiry pipeline of orders. It enables us to integrate new capabilities effectively, driving sustained value creation for our stakeholders.”
By projecting an anticipated additional revenue of approximately ₹100 crore, Kilburn aims to achieve a rapid return on investment. Ranjit Lala, Managing Director of Kilburn, added, “This strategic acquisition aligns perfectly with Kilburn’s vision of strengthening our manufacturing footprint. It not only enhances our capacity but also positions us favourably to meet growing market demands swiftly and efficiently.”
Kilburn Engineering Ltd is a manufacturing company based in India, known for its expertise in engineering solutions. Co-promoted by the Khaitan family from Calcutta, the company focuses on providing innovative products and services in various sectors.
