GMM Pfaudler Ltd
# GMM Pfaudler Ltd

GMM Pfaudler Ltd. is an Indian manufacture of engineering equipment and glass-lined equipment headquartered in Karamsad, Gujarat.

GMM Pfaudler is a public listed company at National Stock Exchange (NSE: GMMPFAUDLR) and Bombay Stock Exchange (BSE: 505255).

## History

Gujarat Machinery Manufacturers Ltd (GMML) was founded in 1962 by Jethabhai V. Patel. With a 40% ownership position in Pfaudler, an American corporation, GMML engaged into a technological and financial partnership with them in 1988. And company name changed from GMML to GMM Pfaudler. GMM Pfaudler purchased a controlling share in the Pfaudler Group from the private equity firm Deutsche Beteiligungs AG Fund VI in February 2021.

In 1994, the business began producing corrosion-resistant fluoropolymer products in technological cooperation with Eldon Products US and RosenmundAG, Switzerland for filter dryers.

2020 saw the acquisition of the Telangana-based Glass Lined Equipment manufacturing facility from De Dietrich Process Systems India Pvt. Ltd. (DDPSI) by GMM Pfaudler.

Through an online auction process, the business purchased HDO Technologies' assets in 2021 for Rs 584.6 million.

In April 2021, The company partnered with ReefWatch Marine Conservation which is a non-profit organisation.

In July 2022, Italian Engineering company "Hydro Air Research Italia Srl" acquired by GMM Pfaudler for Euro 4.96 million.

The company also acquired Mixel France SAS in Dec 2022 for Euro 7 million.

