The Beumer-Group has taken over the company Enexco Teknologies India Limited, thus expanding its operations in India. The purchase agreement was signed by both parties on September 20, 2011. With this action Beumer has enhanced its market presence in the cement industry, one of the world’s most important growth markets.
“We are very pleased to have taken this step in a market like India, which is so important,” said Dr. Christoph Beumer, Chairman of the Board. “The expansion of the Beumer Group will have positive effects for our location in Germany as well. By building up our strength in India we look forward to a considerable enlargement of our business volume, with positive consequences for the parent company.”