Rajoo Engineers has inked a Non - Binding Indicative Offer (NBIO) for the proposed acquisition of a company engaged in the manufacturing of machines catering to the various industries. The target company, with a legacy spanning over three decades, enjoys a strong brand reputation and has established a notable presence in both domestic and international markets.
This proposed acquisition is a strategic move by the company as part of its vision for inorganic growth through forward integration. The synergy arising from this potential acquisition is expected to strengthen the company's position by offering end-to-end solutions to customers across the value chain. The combined capabilities of both companies will not only enhance product offerings but also significantly expand the footprint in India and global markets.
Rajoo Engineers is leading manufacturer and supplier of supreme quality FOILEX- Monolayer Blown Film Lines, AQUAFLEX - Downward Extrusion Blown Film Lines, MULTIFOIL - Multilayer Blown Film Lines, LAMiNA PS-PP-ABS-rPET-EVA Sheet Lines, etc.