Raghu Vamsi Group Acquires UK Precision Machining Firm PMC Group
By Rediff Money Desk, Hyderabad Nov 11, 2024 17:10
Raghu Vamsi Group, a leading manufacturer of high-precision components, has acquired UK-based PMC Group, a specialist in precision machining for the Oil & Gas industry. The acquisition expands Raghu Vamsi's global footprint and strengthens its capabilities in critical manufacturing.
Hyderabad, Nov 11 (PTI) Raghu Vamsi Group, high precision and hi-critical components maker on Monday said it acquired PMC Group, a leading UK-based precision machining company specializing in components for the Oil and Gas industry, for an undisclosed amount.
A press release from the city-based firm said the acquisition of PMC Group represents a strategic step forward in Raghu Vamsi Group's vision to enhance its global footprint and expand its capabilities by moving up the value chain in providing high-precision products and solutions to critical industries worldwide.
With around 100 employees, the PMC Group brings over 35 years of rich experience and deep knowledge in Critical manufacturing capabilities, supplying to Global Oil and; Gas OEMs ( original equipment manufacturer) such as SLB, Baker Hughes, Halliburton, Expro, Tech FMC and One Sub Sea, among others, it said.
Raghu Vamsi Group manufactures critical components for global OEMs like Boeing, GE Aviation, Honeywell, Rolls Royce, Collins Aerospace, Halliburton, Eaton and Cytiva among others.
A press release from the city-based firm said the acquisition of PMC Group represents a strategic step forward in Raghu Vamsi Group's vision to enhance its global footprint and expand its capabilities by moving up the value chain in providing high-precision products and solutions to critical industries worldwide.
With around 100 employees, the PMC Group brings over 35 years of rich experience and deep knowledge in Critical manufacturing capabilities, supplying to Global Oil and; Gas OEMs ( original equipment manufacturer) such as SLB, Baker Hughes, Halliburton, Expro, Tech FMC and One Sub Sea, among others, it said.
Raghu Vamsi Group manufactures critical components for global OEMs like Boeing, GE Aviation, Honeywell, Rolls Royce, Collins Aerospace, Halliburton, Eaton and Cytiva among others.
Source: PTI
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