Manbro Industries has announced the approval of three strategic acquisitions to expand its business operations into value-added steel products. The company will acquire a 51% stake in Shivam Pipe Industries, and a 99.90% equity stake in K D Infrastructures, along with acquiring a 26% stake in K D Ecosystem.
July 11, 2025
Manbro Industries has announced the approval of three strategic acquisitions to expand its business operations into value-added steel products, old vehicle scrappage (metal and non-metal recycling), and fabricated steel infrastructure solutions.
The company will acquire a 51% 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.
The company will also acquire a 99.90% equity stake in K D Infrastructures, which provides turnkey fabrication and infrastructure solutions across the construction, energy, utilities, transportation, and urban development sectors. 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. Additionally, it will acquire a 26% stake in K D Ecosystem.
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Commenting on the acquisitions, Mr. Dilip Goenka, Managing Director of Manbro Industries Limited 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.”
