APL Apollo Tubes, a leading manufacturer and exporter of steel pipes and tubes, has received an in principle approval for merger of Lloyds Line Pipes into the company. Lloyds Line Pipes is a wholly owned subsidiary of the company. The board of directors at its meeting held on May 30, 2013 has approved for the same.
APL Apollo is one of the largest ERW pipe manufacturers in India with 5 manufacturing locations spreading in northern, southern and western part inter-alia provide ability to produce the largest range of Hollow Sections and Mild Steel Tubes in all variants (black, galvanised and pregalvanised). Among the user industries are urban infrastructure namely airports, metro stations, automotive segment like bus body manufacturers, construction namely scaffoldings, etc.
