Kilburn Engineering has successfully completed acquisition of M.E Energy, a distinguished leader in waste heat recovery (WHR) and waste heat reutilization systems. This acquisition, effective from February 20, 2024, for an aggregate consideration of Rs 98.70 crore marks a significant milestone in Kilburn's strategic growth journey. Consequently, M E Energy has become a wholly owned subsidiary of the Company.
This acquisition is a decisive step for Kilburn Engineering to emerge a comprehensive solution provider in the field of thermal engineering and heat recovery systems. By integrating M.E Energy's expertise, Kilburn enhances its product offering for its existing diverse client base while gaining access to new industries and clients. This strategic move aligns seamlessly with Kilburn's overarching objective of ensuring sustained, profitable growth and fortifying its capabilities, resulting in an enhanced value proposition for shareholders.
Kilburn Engineering is engaged in process design, engineering, manufacturing, project management and installation of equipment and systems for various process plants.
