UK engineering firm DavyMarkham is now owned by Indian company, Hindustan Dorr Oliver (HDO). The Indian firm is a subsidiary of IVRCL Infrastructures & Projects and this acquisition provides HDO with an entry into the heavy engineering market.
UK engineering firm 2398 DavyMarkham is now owned by Indian company, 1484 Hindustan Dorr Oliver (HDO). The Indian firm is a subsidiary of 1318 IVRCL Infrastructures & Projects and this acquisition provides HDO with an entry into the heavy engineering market. The size of the acquisition has not been revealed at this stage however. DavyMarkham is a well-established firm in the heavy engineering sector with a history going back 180 years and which has been active in the transportation market with expertise building large components weighing up to 350tonnes.
