Kataria Industries acquires Ratlam Wires’ wire manufacturing business
Kataria Industries has acquired the wire manufacturing business of Ratlam Wires for approximately Rs 310 million.
The acquisition, valued at Rs 306 million, is structured as a slump sale, with the business continuing as a going concern. This move is expected to enhance Kataria’s presence in the steel wire industry. Ratlam Wires produces various steel wire products, including spring steel wires, PC strand wires, and both galvanized and ungalvanized wires.
Arun Kataria, Managing Director of Kataria Industries, emphasized that the acquisition will create synergies that enhance revenue and profit margins, aligning with the company’s long-term growth strategy and enabling it to better serve diverse industries.
Kataria Industries specializes in manufacturing essential equipment like low relaxation pre-stressed concrete (LRPC) strands, steel wires, and post-tensioning anchorage systems used in infrastructure, road construction, bridges, and power transmission. Known for high-quality industrial products across sectors such as automotive, construction, and consumer goods, Kataria Industries focuses on innovation and precision. The company produces metal components, fabricated parts, and engineering products, ensuring compliance with international quality standards. It is a trusted supplier in domestic and international markets, committed to sustainability and operational excellence.