Kirloskar Brothers (KBL), a global fluid management company, announced that the Kirloskar Pompen BV, Netherland, the company's step down subsidiary company in Netherlands, has completed the acquisition of Rodelta Pumps International, Netherlands (Rodelta) on July 17, 2015.
Rodelta is engaged in manufacturing of API and Non API Pumps for Oil & Gas, Pulp & Paper, Water, Chemical and various other applications.
Shares of the company gained Rs 5.6, or 2.51%, to trade at Rs 228.50. The total volume of shares traded was 1,204 at the BSE (10.13 a.m., Monday).