India, Oct. 28 -- Waterfront fluid controls Limited UK, a subsidiary of Jash Engineering has entered into an agreement / LOI to acquire Penstocks (UK), Leicestershire, UK. This is subject to due diligence which is expected to be completed in the coming weeks and subsequently, the Share Purchase Agreement (SPA) should also be finalized within November 2025.With this acquisition, Waterfront will acquire a small manufacturing facility in Midlands along with some special designs of penstock as well as existing clientele of Penstocks (UK), including access to its framework agreement with a water utility company. This acquisition will help Waterfront to establish a pan UK presence with operations in Scotland, as well as Midlands. The major water ...