The Wayne Burt Group

October 2013
ADVISED THE WAYNE BURT GROUP ON DIVESTMENT OF ITS HYDRAULIC CYLINDER BUSINESS TO PENNAR INDUSTRIES
Service:
M&A
Value:
UNDISCLOSED
Sector:
Industrial Technology
Sub Sector:
INDUSTRIALS
Acquired By
About
The Wayne Burt Group

About the Wayne Burt GroupWayne- Burt Group – A $2 billion asset based conglomerate comprising of a group of companies of with diversified interests in Engineering & Aerospace, Oil & Gas, Petrochemicals and Energy businesses with a strong presence in India and USA. The Founder – Promoter of the Wayne Burt group – Mr. T.G.S.Mahesh is a first generation technocrat entrepreneur and an investment banker with experience across various sectors – IT, Telecom, Manufacturing, Banking and with the proven expertise of turning around companies into highly successful profitable ventures. For more information visit us at www.wayneburt.net

About Pennar Industries LtdPennar Industries Limited is one of the leading engineering organizations in India with diverse product offerings. It is a multi-product, multi-location enterprise, manufacturing a wide range of value-added steel products. Pennar’ s products find application in diverse segments such as Railways, Automobiles, Building & Construction, Pollution Control, Infrastructure, Road Safety Systems and General Engineering. For more Information visit us at www.pennarindia.com

Deal Led by
Sumir Verma
Fazal Ahad
Sub Sector
UNDISCLOSED
Founding Team
TGS Mahesh
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