FLSmidth to acquire Transweigh India Limited
FLSmidth has acquired 100 % of the shareholding in the Indian company Transweigh India Limited, a company in which FLSmidth has until now been a minority shareholder. Transweigh India Limited is a supplier of gravimetric feeding equipment, mainly to the steel, iron and cement industries.
The company also markets and sells FLSmidth Pfister’s fuel feeder product range to the growing Indian market. Transweigh also sells a large number of proprietary products such as belt weighfeeders, apron weighfeeders, apron feeders, loss-in-weight feeders, solid flow meters, bin weighing equipment and feeding electronics. Transweigh India Ltd was established in 1987 as a joint venture with Pfister/Germany, which was later acquired by FLSmidth. With head office and production facilities located in Mumbai/India, the company today employs around 300 people.