Bharat Forge Acquires French Oil and Gas Machining Company
Bharat Forge Ltd. announced that its German subsidiary, CDP Bharat Forge GmbH, acquired 100% equity shares of Mécanique Générale Langroise (MGL). Saint Goesmes, France-based MGL is focused on precision machining and other value-added processes like cladding for critical application in the oil and gas industry. MGL supplies turnkey components for drilling applications in addition to components for the power sector. The acquisition further consolidates Bharat Forge’s position in the oil and gas industry by enhancing its service offerings and geographical reach.