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Pune primarily based Elegar Kerpen, estimates 3 fold progress charge after its mum or dad firm Ravicab Cables Private Limited acquired LEONI Cable Solutions India Private Limited, with one hundred percent fairness stake. Following divestiture by LEONI AG Group in 2022, LEONI India – the Indian subsidiary of the German firm that enjoys a century-old classic within the wire and cable business, repositioned itself as Elegar Kerpen Kabel India. The model identify Elegar was thoughtfully derived from a mixture of the phrases Electric and Garden or Hub.
Elegar Kerpen, previously generally known as LEONI Cable Solutions India, is about to obtain a formidable three-fold progress by 2026-27
The strategic acquisition enabled the Pune-based progressive wire and cable firm of Elegar Kerpen to leverage LEONI India’s market experience in specialised wires and cables in oil and gasoline, specialty chemical substances, refineries, renewable power segments, and the Indian Railways. Following the acquisition, Elegar inherited the model identify Kerpen, which has a wonderful 100-year-old historical past within the oil and gasoline phase. This strategic transfer has enabled Elegar to broaden its product line and discover new market territories, together with the Indian subcontinent, the Middle East, the UK, South East Asia, and Australia, to obtain progress.
The Chairman and Managing Director of Elegar Kerpen, Mr. Hemant Okay Mehta, shared his ideas on the acquisition and defined the corporate’s progress plans, saying, “We are excited upon the completion of this acquisition in 3 months and subsequent rebranding. This acquisition brings world-class equipment, German technology, and trained professional manpower to grow the business three folds by 2026-27, and the synergies it will bring on procurement, sharing best practices, common professional advisors, and customer focus between Elegar Kerpen and Ravicab Cables.”
Ravicab Cables is an skilled specialised cable producer in India with a sturdy observe file of over 20 years within the manufacturing, advertising and marketing, and distribution of wires and cables. The firm caters to the numerous wants of home, industrial, transport functions, and specialty market segments, making it a trusted identify within the business. It harbors two state-of-the-art manufacturing services unfold over 1.2 lakh sq. ft and a sophisticated laboratory geared up to carry out all exams in accordance to the mandated nationwide and worldwide requirements. Whereas Elegar Kerpen, with a 3,00,000 sq. ft facility that includes state-of-the-art German high quality expertise and infrastructure, makes a speciality of designing and manufacturing premium high quality cables. Together, the 2 firms are dedicated to enhancing their product vary and companies to add extra worth to the business.
Elegar Kerpen was related to a number of prestigious initiatives, together with the Atal Tunnel, Reliance Jamnagar refinery, Vande Bharat Express practice, Pune Metro Rail, and numerous Shell Energy initiatives. As a part of its clear power initiatives, Elegar Kerpen has equipped DC string cables to solar energy era initiatives with a capability of 10 GW. The wire and cable producer already enjoys a noticeable presence in Russia, Singapore, UAE, India, and China and is increasing in Europe. The firm has just lately appointed Business Partners within the UAE and is contemplating the appointment of companions in different Middle-East nations to improve its market presence.
As a cable producer with a world presence, Elegar Kerpen is prepared to make impactful strides within the wire and cable manufacturing business by delivering cutting-edge merchandise that meet nationwide and worldwide high quality requirements. The firm will proceed to leverage its German expertise, infrastructure, and skilled manpower to improve its merchandise and customer support. By pursuing its drive in direction of innovation and sustainability, Elegar Kerpen will cater to evolving buyer wants to obtain its progress and growth targets.
