India, Jan. 28 -- Kilburn Engineering Ltd on Tuesday announced that it has acquired radio frequency (RF) drying and heating technologies firm Monga Strayfield for Rs 123 crore.
The take-over is expected to strengthen Kilburn's market position and enhance its offerings across key industrial sectors, a company official said.
"This acquisition is an important step in executing our long-term growth strategy," Kilburn managing director Ranjit Lala said.
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