NEW DELHI 17/NOV/2014: Gurgaon-headquartered auto parts manufacturer Sandhar Technologies Ltd has acquired the cabin business of Arkay Fabsteel Systems Pvt. Limited of Ambethan, Pune, the company said in a press release. The acquisition will double company\'s production capacity for cabins. \"It gives me immense pleasure to announce the acquisition of the Cab business of Arkay Fabsteel, Pune. With this acquisition we have strengthened our existing business of cabins, increased capacities and added customers. Pune is a base of construction equipment manufacturers and with this we add a location advantage for our existing customers, also.\" said Mr. Jayant Davar, Co-Chairman & Managing Director of Sandhar Group. With this Sandhar enters into the designing and manufacturing of operator cabins for Back Hoe Loaders, Excavators, Wheel Loaders, Cranes, Skid Steers and Tractors. With this business Sandhar has doubled its production capacity of cabins and
The acquisition will also get Sandhar access to cabin business and customers at Pune which includes JCB, Atlas Copco, Tafe, Mahindra Construction Equipment, Ashok Leyland John Deere and Potain. Sandhar plans to have a business of Rs.1000 crores by 2020 from the Construction and Earthmoving industry, including Mag and Sandhar Caama. Sandhar Group is a fast growing auto component major with a turnover of around $ 300 million, 6000 employees, 30 manufacturing units and presence in India, Spain, Poland and Mexico.
Arkay with its Head Quarters at Faridabad is a pioneer in design, development, manufacturing and supply of cabins for construction equipment, tractors, mining equipment and other diverse applications.