Industrial Automation Magazine India

WSI acquires a 100-year old British engineering business; to invest $100Mn to enhance India's fluid & gas management capabilities.

India, February 26, 2024: Woodfield Systems International (WSI), a leader in the design and manufacture of customised bulk gas and fluid management solutions, has announced that it has completed the acquisition of business of Woodfield Systems Ltd, UK, a British engineering and manufacturing business with a legacy spanning over a century.

This strategic acquisition will see taking ownership of the global business of Woodfield Systems Ltd UK, a symbol of century old British engineering expertise and excellence. The synergy between Woodfield Systems UK's technical mastery and the extensive industry experience of WSI's leadership team will substantially elevate the company's offering and its position, across the world.

Commenting on the acquisition, Mr Kartik Gala, CEO & Board Member, Woodfield Systems International, said, "This is a momentous occasion at WSI. Woodfield Systems UK has a long and storied legacy spanning over 100 years, and we consider it a privilege to carry this legacy forward. As the Hon’ble Prime Minister of India, Shri Narendra Modi recently stated during India Energy Week 2024, the nation's energy demand is estimated to double by 2045, with an unprecedented infrastructure push being made in that direction. In consonance with this collective vision, the unified engineering and manufacturing prowess of WSI and Woodfield Systems UK will empower us to deliver paradigm-changing innovations in the years ahead."

Gary Reddecliffe, Director, Woodfield Systems UK, said "It is a pleasure to join hands with WSI for this exciting new phase to carry on the legacy of 100 years of engineering excellence. WSI is among the most trusted solution providers in the area of bulk gas and fluid management, and we look forward to working together to unlock synergies and drive significant impact in the global engineering and manufacturing of critical equipment in the energy sector."

WSI's acquisition of Woodfield Systems UK will be followed by similar investments in the years ahead, as the company eyes more acquisitions in North America and Europe. Further, WSI plans to invest $100 Mn over the next decade, in alignment with the spirit of 'Atmanirbhar Bharat' – cementing the country's standing as a global manufacturing and engineering powerhouse.