Godrej acquires Yuba and Ecolaire brands from SPX Heat Transfer, USA
By EPR Magazine Editorial August 14, 2018 4:42 pm
By EPR Magazine Editorial August 14, 2018 4:42 pm
Godrej Process Equipment, a business unit of Godrej & Boyce Mfg. Co. Ltd., has acquired the Yuba and Ecolaire brands and design technologies from SPX Heat Transfer, a subsidiary of SPX Corporation, USA, a global supplier of highly engineered products and technologies. With this strategic acquisition, Godrej has now the capability to provide end-to-end solutions in the heat exchanger auxiliaries space in the power sector.
In the past, Godrej had a license to manufacture Yuba design feedwater heaters. Feedwater heaters manufactured by Godrej have been supplied to NPCIL, Tata Power, GSECL, NTPC, Toshiba, among others. With this acquisition, Godrej now owns the brands and the technology and will be manufacturing in India.
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