The Competition Commission of India (CCI) granted approval to Protos Engineering and Paharpur Cooling Towers to acquire additional stakes in Thyssenkrupp Industries India. Protos acts as an intermediary for companies involved in the manufacturing of equipment, machinery, and raw materials across sectors such as steel, cement, sugar, and other industrial products. It serves as the exclusive selling agent for Thyssenkrupp Industries India and offers industrial inspection and certification services.
Paharpur Cooling Towers specializes in the manufacturing and distribution of industrial cooling systems and also engages in power generation, particularly through wind energy. Additionally, the Paharpur Group is involved in real estate development, marketing of commercial and residential projects, manufacturing and sale of flexible packaging materials like pouches and retort pouches, as well as industrial valves and pumps.
As reported by Projects Today, Thyssenkrupp Industries India, provides engineering, procurement, and construction (EPC) services for executing turnkey projects across various industries. It also offers after-sales services, manufactures and sells a variety of industrial products, and provides operation and maintenance (O&M) services for plants.
