Windsor Machines has acquired 100% stake in Global CNC (GCPL), a renowned Rajkot (Gujarat) based company specializing in computer numerical controlled (CNC) machines. GCPL had total revenue of Rs 162 crore for the financial year ended March 31, 2024. The total consideration payable for the acquisition is Rs 343.11 crore and the transaction is subject to statutory and other regulatory approvals.
GCPL's expertise in CNC turning machines, Vertical Machining Centers (VMC), and Special Purpose Machines (SPM) complements Windsor’s existing portfolio, enhancing its offerings to industries such as automotive, general engineering, agriculture, medical, oil & gas, and railways. With 320 employees, GCPL brings valuable skill sets and cutting-edge technology to the table.
The acquisition aligns with Windsor’s strategic growth plans, expanding its footprint in the CNC machine manufacturing sector. With GCPL's expertise and Windsor’s established presence in injection moulding machines, pipe extrusion, and blown film extrusion, the combined entity is poised for accelerated growth.
Windsor Machines is one of the select few companies in India, which serves and supports the varied needs of plastic processing industry across several countries with cutting edge product design and latest technology, wherein the company is engaged in manufacturing Injection Moulding, Pipe Extrusion and Blown Films machineries, all under one roof.
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