The $2.1-billion Kalyani group on Monday announced the acquisition of RSB Consult GmbH, a design and consulting house in the wind energy sector, based in Muenster, Germany, for an undisclosed amount. Since the acquisition took place a few days ago RSB Consult has undergone a change in name to become Kenersys GmbH, an obvious short form for Kalyani Energy Systems.
statement released here by the company noted that the acquisition of the four-year-old company was a “strategic step towards entering the high growth wind energy sector”. According to Bharat Forge CMD BN Kalyani RSB, set up in 2003 by professionals from the sector, is a design and consulting house with a customer base across the world.
Mr Kalyani noted, “There are two strategic leverages in the wind turbine business, product technology and supply chain management. With the acquisition of RSB, the Kalyani group will have a strong and experienced design and engineering team that will take care of product technology. The Kalyani Group will bring in its well established global supply chain capabilities and engineering skills to drive the global business model. It will manage the Asia Pacific markets and operations from India."
(Source: Economic Times)
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