Lloyds Engineering Acquires SISCOL for Integrated Engineering Platform
Lloyds Engineering Works Limited (LEWL) announced the acquisition of Steel Infra Solutions Company Limited (SISCOL), a leading structural steel engineering and fabrication company. This strategic move aims to transform LEWL into a fully integrated engineering, fabrication, and EPC platform, capable of delivering complex projects across various sectors. The combined entity targets over ₹10,000 crore in revenue by FY29/30. SISCOL brings in-house design capabilities and a strong project execution record, complementing LEWL's existing strengths. The acquisition is expected to capitalize on India's multi-decade infrastructure growth cycle, positioning the combined company to participate at a significantly larger scale. SISCOL's leadership and brand identity will remain intact post-acquisition.
Key Highlights
- LEWL acquires SISCOL to create an integrated engineering, fabrication, and EPC platform.
- Targeting ₹10,000+ crore revenue by FY29/30.
- Acquisition strengthens capabilities for India's infrastructure growth.
- SISCOL's in-house design and fabrication expertise to be leveraged.
- SISCOL to continue operations under existing leadership and brand.
Price Impact
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