Ador Welding Limited, India’s leading manufacturer of welding products announced the merger completion of Ador Fontech Limited with Ador Welding Limited. The merger will facilitate the creation of a more efficient and integrated business structure with an aim to consolidate the company’s market position, expand its domestic and international reach, and foster stronger research and development capabilities. The operating management teams of both companies will remain the same.
Aditya Malkani, Managing Director of Ador Welding Limited shares “We are excited about the potential opportunities that this merger presents. It will enable us to leverage the benefits of scale, revenue and cost synergies, cross sell combining the customer base, and tap into best practices from both organisations. With this, we are poised to expand our product and service offerings to our customers and accelerate our growth in both domestic and international markets. Most importantly, with our combined strengths, including a stronger manufacturing presence and a more resilient workforce, we are better equipped to Make, Research & Create in India.”
Following the merger, J B Advani and Co Pvt Ltd (JBA) will hold 44.83% of the shares, other promoters will hold 8.24%, and the public will hold 46.93%. Ador also plans to restructure its divisions to focus on two distinct verticals – Products and Services. This will enable the company to optimise its operations and better serve the diverse needs of its customers.
With its origin and base in India as the quintessential ‘Make in India’ brand, Ador has created an indelible global footprint by providing exceptional, cutting-edge welding solutions. With a rich experience of over seven decades, the company has been dedicated to creating the best welding experience for its customers, investing in people, technology, research and development.
Having made great strides in R&D and innovation, Ador’s Research and Development Center is recognised by the Department of Scientific and Industrial Research and has developed groundbreaking solutions such as the Rhino E, India’s first battery-powered electric welder. Ador’s dedication to excellence is reflected in its numerous international awards and research papers which have been presented at many international forums.