Announced

Completed

Kilburn Engineering completed the acquisition of Monga Strayfield Private for $14m.

Synopsis

Kilburn Engineering, a provider of industrial drying and heating solutions, completed the acquisition of Monga Strayfield Private, a pioneer in radio frequency (RF) drying and heating solutions, for $14m. "We are excited to welcome the talented team at Monga Strayfield Pvt. Ltd. to Kilburn Engineering. This acquisition is an important step in executing our long-term growth strategy. The addition of Monga Strayfield’s advanced RF drying and heating technologies will enhance our ability to offer innovative, high-performance solutions to our customers across diverse industries. Together, we will drive new opportunities for growth, create value for our stakeholders, and further cement Kilburn’s leadership position in the global market," Ranjit Lala, Kilburn Engineering Managing Director.

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