KISTA, SWEDEN: Munters Group (Munters), a global leader in energy efficient air treatment and climate solutions said that it has acquired Mumbai-based Kevin Enterprises (Kevin). Kevin is a company engaged in design, manufacturing, supply & installation of mass transfer and separation equipment.
The acquisition of Kevin is in line with Munters strategy to strengthening its footprint in emerging markets and at the same time secure a world leading product suite for the process industry.
Moreover, the acquisition will enable Munters to provide the Indian power industry with world-class “Made-in-India” solutions for cleaning emission gases from coal-fired power plants.
“Kevin will help us grow our footprint in India, a market that is becoming increasingly important. Kevin has advanced know-how within the area of mass transfer and separation, and has a product portfolio very complementary to Munters,” said Per Hedeback, president Munters business area mist elimination.
“The combined intelligence and capabilities of both entities will now be able to serve Process industry customers globally with a much stronger offering,” added Hedeback.
“We are very happy to join Munters. Munters’ global footprint and their wide reach give us worldwide access to new markets,” said Kevin Shah, managing director and owner, Kevin.
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