Triveni Turbines DMCC Announces The Acquisition Of South African Start-Up ‘TSE Engineering’
Triveni Turbines DMCC Announces The Acquisition Of South African Start-Up ‘TSE Engineering’. It has been reported that Triveni Turbine’s subsidiary Triveni Turbines DMCC has acquired South African startup TSE Engineering, Triveni Turbines DMCC has acquired 70% majority stake in the company for R11.9 million.
TSE Engineering offers a one stop engineering solution to its partners in various fields of the industry. The company has been active in all forms of the rotating industry for the last 25 years, offering its partners peace of mind that their equipment is in good hands.
For over five decades, Triveni has delivered robust, reliable and efficient steam turbine solutions. Triveni Turbine Ltd. is a leading industrial steam turbine manufacturer, with a dominant market share of over 60% in India. Over 5,000 steam turbines supplied by Triveni have been installed across 20 industries in over 70 countries, including Europe, Africa, Central & Latin America, SE Asian and SAARC countries.
Triveni caters to varied and diverse industries like Biomass IPP, Municipal Solid Waste IPP, District Heating, Palm Oil, Paper, Sugar, Naval, Textiles, Metals, Cement, Carbon Black, Solvent Extraction, Pharmaceutical, Chemicals, Petrochemicals, Fertilizers, Oil & Gas Municipal Solid Waste based Independent Power Plants (IPPs), and Captive Power Plants (CPPs). At Triveni, every customer interaction is valued and emphasis is laid on long-lasting relationships. The core competencies lie in manufacturing and supplying industry specific, custom-made steam turbines.
With a well-managed 24×7 ‘Complete Customer Care’ network, Triveni Turbines focuses on providing the best service in the industry. An innovative flair and strategic approach makes Triveni an eminent forerunner in the steam turbine industry. The Triveni Group of Companies is a focused, growing conglomerate having diversified interests in Engineering, Co-Generation, Clean Water Solutions, Distillery and Sugar, this is why it has acquired TSE Engineering.
