Larsen & Toubro Ltd. Mergers and Acquisitions


Larsen & Toubro Ltd.

L & T House, Ballard Estate
Mumbai 400 038, Maharashtra
India
Tel:91/22/2618181
URL: http://www.ltindia.com
Primary Symbol & Exchange:
500510 - Ordinary Shares - Bombay
Other Symbols & Exchanges:
LTOD - GDR - London
LTORY - ADR - Other-OTC
Industry:
Professional & Management Services
Larsen & Toubro Ltd. Company Snapshot

Larsen & Toubro Ltd. Deal Timeline


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Acquisitions > 100 M$ 10 to 100 M$ < 10M$ Stakes Divestitures

Larsen & Toubro Ltd. M&A History


Voith Paper Hldg GmbH & Co KG acquires Voith Paper Techn India Ltd from Larsen & Toubro Ltd Voith Paper Hldg GmbH & Co KG acquires  Voith Paper Techn India Ltd from Larsen & Toubro LtdOct 01, 2009

INDIA - Voith Paper Holding GmbH & Co KG of Germany, a wholly-owned unit of Voith AG, acquired the remaining ##% interest, which it not already own in Voith Paper Technology India Ltd, a Kolkata-based provider of design and consultancy

L&T Finance Ltd acquires DBS Cholamandalam Trustees Ltd from Cholamandalam DBS Finance Ltd (pending) L&T Finance Ltd acquires  DBS Cholamandalam Trustees Ltd from Cholamandalam DBS Finance Ltd (pending)Sep 25, 2009

INDIA - L&T Finance Ltd (L&T), a wholly-owned unit of Larsen & Toubro Ltd, signed Memorandum of Understanding {MOU} to acquire the entire share capital of DBS Cholamandalam Trustees Ltd, an owner and operator of trust, from Cholamandalam DBS

L&T Finance Ltd acquires DBS Cholamandalam Ast Mgmt Ltd from Cholamandalam DBS Finance Ltd (pending) L&T Finance Ltd acquires  DBS Cholamandalam Ast Mgmt Ltd from Cholamandalam DBS Finance Ltd (pending)Sep 25, 2009

INDIA - L&T Finance Ltd (L&T), a wholly-owned unit of Larsen & Toubro Ltd, signed Memorandum of Understanding {MOU} to acquire the entire share capital of DBS Cholamandalam Asset Management Ltd (DBS), a Mumbai-based provider of investment management

Gilbarco Veeder-Root is rumored to be planning to acquire Larsen & Toubro-Fuel Dispenser from Larsen & Toubro Ltd Gilbarco Veeder-Root is rumored to be planning to acquire  Larsen & Toubro-Fuel Dispenser from Larsen & Toubro LtdJul 08, 2009

INDIA ? Gilbarco Veeder-Root was rumored to be planning to acquire the fuel dispensers manufacturing business of Larsen & Toubro Ltd (L&T), a Mumbai-based engineering and construction company. Originally, L&T announced that it was seeking a buyer for

Larsen & Toubro Ltd acquires a minority stake in Satyam Computer Services Ltd Larsen & Toubro Ltd acquires a minority stake in Satyam Computer Services LtdJan 23, 2009

INDIA - Larsen & Toubro Ltd raised its stake to ##% from #%, by a acquiring an #% stake in Satyam Computer Services Ltd, an information technology services provider, for #.## bil Indian rupees ($##.## mil US).

Larsen & Toubro Ltd is rumored to be planning to acquire Integrated Entrp(India)Ltd Larsen & Toubro Ltd is rumored to be planning to acquire  Integrated Entrp(India)LtdNov 12, 2008

INDIA - Larsen & Toubro Ltd was rumored to be planning to acquire Integrated Enterprises (India) Ltd, an investment management services provider. Terms were not disclosed but, according to financial daily DNA Money citing unnamed sources, the deal was valued at an

Larsen & Toubro Ltd seeking buyer for Larsen & Toubro-Med Equip Bus Larsen & Toubro Ltd seeking buyer for Larsen & Toubro-Med Equip BusJul 22, 2008

INDIA - In July ####, Larsen & Toubro Ltd, announced that it was seeking a buyer for its medical equipment and system business unit, a manufacturer of medical equipment.

Lafarge SA acquires L&T Concrete from Larsen & Toubro Ltd Lafarge SA acquires L&T Concrete from Larsen & Toubro LtdMay 14, 2008

INDIA - Lafarge SA acquired L&T Concrete (LC), a ready-mix concrete manufacturer, from Larsen & Toubro Ltd (LT), for ##.## bil Indian rupees ($### mil Euros/$###.### mil US). Originally, in April ####, LT announced that it was

Larsen & Toubro Ltd acquires Tamco Shanghai Switchgear Co from Tamco Corporate Holdings Bhd Larsen & Toubro Ltd acquires Tamco Shanghai Switchgear Co from Tamco Corporate Holdings BhdApr 23, 2008

CHINA - Larsen & Toubro Ltd (LT) acquired the entire share capital of Tamco Shanghai Switchgear Co Ltd, a switchgear manufacturer, from Tamco Corporate Holdings Sdn Bhd, a unit of Rhodemark Development Sdn Bhd's (RD) Nylex (Malaysia) Bhd subsidiary. RD was

Larsen & Toubro Ltd acquires Tamco Electrical Industries from Tamco Corporate Holdings Bhd Larsen & Toubro Ltd acquires Tamco Electrical Industries from Tamco Corporate Holdings BhdApr 23, 2008

AUSTRALIA - Larsen & Toubro Ltd (LT) acquired the entire share capital of Tamco Electrical Industries Australia Pty Ltd, a switchgear manufacturer, from Tamco Corporate Holdings Sdn Bhd, a unit of Rhodemark Development Sdn Bhd's (RD) Nylex (Malaysia) Bhd subsidiary. RD

Larsen & Toubro Ltd acquires Kontrol Ragam Indonesia PT from Tamco Corporate Holdings Bhd Larsen & Toubro Ltd acquires Kontrol Ragam Indonesia PT from Tamco Corporate Holdings BhdApr 23, 2008

INDONESIA - Larsen & Toubro Ltd (LT) acquired the entire share capital of Kontrol Ragam Indonesia PT, a switchgear manufacturer, from Tamco Corporate Holdings Sdn Bhd, a unit of Rhodemark Development Sdn Bhd's (RD) Nylex (Malaysia) Bhd subsidiary. RD was a

Larsen & Toubro Ltd acquires Tamco Switchgear Malaysia Sdn from Tamco Corporate Holdings Bhd Larsen & Toubro Ltd acquires Tamco Switchgear Malaysia Sdn from Tamco Corporate Holdings BhdApr 23, 2008

MALAYSIA - Larsen & Toubro Ltd (LT) acquired the entire share capital of Tamco Switchgear Malaysia Sdn Bhd, a switchgear manufacturer, from Tamco Corporate Holdings Sdn Bhd, a unit of Rhodemark Development Sdn Bhd's (RD) Nylex (Malaysia) Bhd subsidiary. RD was

Shareholders rumored ready to spin off Larsen & Toubro-Boiler,Turbine from Larsen & Toubro Ltd Shareholders rumored ready to spin off  Larsen & Toubro-Boiler,Turbine from Larsen & Toubro LtdDec 28, 2007

INDIA - Larsen & Toubro Ltd was rumored to be planning to spin-off its boilers and turbines business, to its shareholders.

Larsen & Toubro Ltd acquires a minority stake in Feedback Ventures Pvt Ltd Larsen & Toubro Ltd acquires a minority stake in Feedback Ventures Pvt LtdDec 11, 2007

INDIA - Larsen & Toubro Ltd acquired a ##% stake in Feedback Ventures Pvt Ltd, a consulting services provider, for ### mil Indian rupees ($##.### mil US).

Larsen & Toubro Ltd acquires a minority stake in Rangsons Electronics Pvt Ltd (pending) Larsen & Toubro Ltd acquires a minority stake in Rangsons Electronics Pvt Ltd (pending)Aug 28, 2007

INDIA - L & T Capital Co Ltd (LT), a majority-owned unit of Larsen & Toubro Ltd, planned to acquire a ##% stake, in Rangsons Electronics Pvt Ltd, a cable harness manufacturer, for # bil Indian rupees ($##.### mil US). Originally

L&T Capital Co Ltd acquires a minority stake in Salzer Electronics Ltd L&T Capital Co Ltd acquires a minority stake in Salzer Electronics LtdApr 11, 2007

INDIA - L&T Capital Co Ltd acquired an ##.##% stake or #.### mil ordinary shares in Salzer Electronics Ltd, a switchgear and switchboard apparatus manufacturer, in a privately negotiated transaction,

Larsen & Toubro Ltd acquires a minority stake in City Union Bank Ltd Larsen & Toubro Ltd acquires a minority stake in City Union Bank LtdMar 29, 2007

INDIA - Larsen & Toubro Ltd (LT) acquired a #.##% stake or #.# mil new ordinary shares in City Union Bank Ltd (CU), for ### Indian rupees ($#.### US) in cash per share, or a total value of ###

Larsen & Toubro Infotech Ltd acquires GDA Technologies Inc Larsen & Toubro Infotech Ltd acquires GDA Technologies IncFeb 01, 2007

US - Larsen & Toubro Infotech Ltd, a wholly owned subsidiary of Larsen & Toubro Ltd, acquired all the outstanding stock of GDA Technologies Inc, a provider of electronic design services (EDS) and silicon intellectual property (SIP) solution services.

HDFC acquires a minority stake in L&T Urban Infrastructure Ltd from Larsen & Toubro Ltd (pending) HDFC acquires a minority stake in L&T Urban Infrastructure Ltd from Larsen & Toubro Ltd (pending)Jun 26, 2006

INDIA - An investor group comprised of Housing Development Finance Corp {HDFC} and L&T Infrastructure Development Projects Ltd, a wholly-owned unit of Larsen & Toubro Ltd, definitively agreed to acquire a ##% stake in L&T Urban Infrastructure Ltd, an

Larsen & Toubro Ltd acquires Intl Seaport Dredging Pvt Ltd from Dredging International NV Larsen & Toubro Ltd acquires Intl Seaport Dredging Pvt Ltd from Dredging International NVMay 17, 2006

INDIA - Larsen & Toubro Ltd acquired ##% interest in International Seaport Dredging Pvt Ltd, a dredging services provider, in the formation of a joint venture.

Larsen & Toubro Ltd. M&A Summary


Larsen & Toubro Ltd. has made 7 acquisitions while taking stakes in 10 companies. Larsen & Toubro Ltd. has 11 divestitures during this period.
YearAcquisitionsStakesDivestitures
2009011
2008401
2007130
2006010
2005011
2004013
2003012
2002100
2001001
2000000
1999120
1998001
1997000
1996000
1995000
1994000
1993000
1992000
1991000
1990000
1989000
1988001
Total71011

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