Kalyani Technoforge acquires the Indian operations of Bodycote
This acquisition is a part of the Kalyani Group’s strategy to venture into commercial heat treatment, surface coating and metallurgical services on pan India basis.
This acquisition is a part of the Kalyani Group’s strategy to venture into commercial heat treatment, surface coating and metallurgical services on pan India basis. This acquisition will help leverage the synergy of metallurgical knowledge and technology to create a niche in the market for the Group. This will be the Group’s second commercial heat treatment facility operational in Pune; The company already has one such facility in Khed near Pune with vacuum carburizing process which started its operations in March 2015.
Kalyani added, "The transition will be seamless and services offered by Bodycote India to its customers will remain uninterrupted. This acquisition is in line with Group’s strategy for forward integration, strengthening technological edge & is a key accomplishment for Make in India Initiative.
Bodycote offers specialized surface treatment processes such as carburizing, plasma nitriding, carbonitriding which find varied applications and are used for products such as high precision gears required for transmission and aerospace applications, crankshafts, camshafts, cam followers, valve parts, extruder screws, pressure-die-casting tools, forging dies, cold forming tools, engine parts etc., for improving surface properties and life of these components significantly.
Vacuum furnace brazing has a wide usage in aerospace, medical, automotive and nuclear applications, among others. The $2.5 billion Kalyani Group is headquartered in Pune and its flagship company is Bharat Forge.
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