Manbro Announces Acquisitions to Boost Steel, Recycling, Infra Units

11 Jul 2025 CW Team

The Board of Directors approved the following transactions:

A) Acquisition of 51 per cent stake in Shivam Pipe Industries

Manbro will acquire a controlling 51 per cent stake in Shivam Pipe Industries. Shivam Pipe Industries is a leading manufacturer of MS Pipes, Galvanized Pipes, Steel Tubes, and Electric Steel Poles marketed under the “XTECH PIPES” brand. The facility, located in Kamrup, Assam, has a production capacity of 3,000 MT per month.

This acquisition will help Manbro to foray into high margin value added steel products.

B) Acquisition of 26 per cent stake in K D Ecosystem

Company will acquire a 26 per cent stake in KD Ecosystem, the first registered vehicle scrappage facility in Eastern India, located at Rangiya, Assam. Operational since May 2023, the facility has an installed capacity to dismantle up to 42,500 end-of-life vehicles annually, including:

Two-wheelers and three-wheelers
Small and medium cars
Heavy vehicles such as buses, trucks, cranes, and dumpers

This facility is equipped with advanced balers, cranes, forklifts, weigh bridges, and hazardous waste management systems.

This acquisition will enable Manbro to enter into recycling of metal and non-metal business with environmentally responsible scrappage and recycling of condemned vehicles.

C) Acquisition of 99.90 per cent equity in K D Infrastructures

Manbro will acquire a 99.90% equity stake in K D Infrastructures K D Infrastructures offers turnkey fabrication and infrastructure solutions across construction, energy, utilities, transportation, and urban development sectors. Its product portfolio includes:

Galvanized structural products (pipes, gratings, crash barriers, cable trays)
Power infrastructure components (transmission towers, monopoles, fittings)
Solar structures (rooftop frames, ground mounts, trackers)
Lighting & urban poles (high masts, smart poles, street lighting columns)
Fabricated industrial items (frames, brackets, bolts, machine-ready units)
Electro-optical components (gratings, filters, photonic components)

The company is equipped with CNC laser cutting, hydraulic bending units, 3D CAD/CAM design, hot-dip galvanizing plants, and powder coating facilities, enabling production of value-engineered, export-ready products.

This acquisition will strengthen Manbro’s engineered infrastructure components business.

Commenting of above acquisitions, Dilip Goenka, Managing Director of Manbro Industries, said -

“These strategic acquisitions mark a significant milestone in our journey to build an integrated, future-ready product portfolio, addressing India’s infrastructure and, recycling needs. We remain committed to driving sustainable growth with technical excellence, innovative products, and environmental stewardship. These strategic acquisitions will be profit generating for the Company, and will help in creating long term value for the stake holders.”

Manbro Industries announced the approval of three strategic acquisitions to expand its business operations in field of value added steel products, old vehicle scrappage (metal & non-metal recycling), and fabricated steel infrastructure solutions.The Board of Directors approved the following transactions:A) Acquisition of 51 per cent stake in Shivam Pipe IndustriesManbro will acquire a controlling 51 per cent stake in Shivam Pipe Industries. Shivam Pipe Industries is a leading manufacturer of MS Pipes, Galvanized Pipes, Steel Tubes, and Electric Steel Poles marketed under the “XTECH PIPES” brand. The facility, located in Kamrup, Assam, has a production capacity of 3,000 MT per month.This acquisition will help Manbro to foray into high margin value added steel products.B) Acquisition of 26 per cent stake in K D EcosystemCompany will acquire a 26 per cent stake in KD Ecosystem, the first registered vehicle scrappage facility in Eastern India, located at Rangiya, Assam. Operational since May 2023, the facility has an installed capacity to dismantle up to 42,500 end-of-life vehicles annually, including:Two-wheelers and three-wheelersSmall and medium carsHeavy vehicles such as buses, trucks, cranes, and dumpersThis facility is equipped with advanced balers, cranes, forklifts, weigh bridges, and hazardous waste management systems.This acquisition will enable Manbro to enter into recycling of metal and non-metal business with environmentally responsible scrappage and recycling of condemned vehicles.C) Acquisition of 99.90 per cent equity in K D InfrastructuresManbro will acquire a 99.90% equity stake in K D Infrastructures K D Infrastructures offers turnkey fabrication and infrastructure solutions across construction, energy, utilities, transportation, and urban development sectors. Its product portfolio includes:Galvanized structural products (pipes, gratings, crash barriers, cable trays)Power infrastructure components (transmission towers, monopoles, fittings)Solar structures (rooftop frames, ground mounts, trackers)Lighting & urban poles (high masts, smart poles, street lighting columns)Fabricated industrial items (frames, brackets, bolts, machine-ready units)Electro-optical components (gratings, filters, photonic components)The company is equipped with CNC laser cutting, hydraulic bending units, 3D CAD/CAM design, hot-dip galvanizing plants, and powder coating facilities, enabling production of value-engineered, export-ready products.This acquisition will strengthen Manbro’s engineered infrastructure components business.Commenting of above acquisitions, Dilip Goenka, Managing Director of Manbro Industries, said -“These strategic acquisitions mark a significant milestone in our journey to build an integrated, future-ready product portfolio, addressing India’s infrastructure and, recycling needs. We remain committed to driving sustainable growth with technical excellence, innovative products, and environmental stewardship. These strategic acquisitions will be profit generating for the Company, and will help in creating long term value for the stake holders.”

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