Ducon eyes acquisitions in North America & Europe to accelerate growth

He added, “As we approach closure of our merger activity, we are confident of Ducon Infratechnologies Limited being in a favoured position to achieve its targeted growth through a well-balanced organic and inorganic strategy.”

With inorganic growth strategy, Ducon aims to become a significant player in the global engineering space and by adding new businesses to strengthen its existing operations.

Ducon is eyeing to buy companies having annual sales ranging from $5?$50 million. It is potentially looking at companies predominantly in North America and Europe in similar or related market sectors and a strong market position.

“Preference to firms that are entrepreneurially driven ‘privately owned’, ideally with existing top management personnel in place and who are looking for a dynamic and financially robust growth platform, combined with a decentralised management model and entrepreneurial business environment,” said Ducon in a press release. 

Ducon Infratechnologies provides solutions in the digital and infrastructure space to a variety of business segments across industries. In the infrastructure sector, it provides complete systems and executes turnkey projects across India and neighbouring regions in rural electrification, environmental control & material handling areas. In the digital space, Ducon provides distribution services to its clients related to distribution, marketing Initiatives, volume procurement and technical support.