Interroll Group Acquisition of Interroll India Pvt. Ltd

Interroll Group

Interroll Group, a global leader in material  handling solutions, has held an official signing ceremony regarding the acquisition of Interroll India  Pvt. Ltd. based in Bengaluru (Bangalore). The acquisition was announced earlier in August.  

The acquisition was formalised through a share purchase agreement signed on July 31, 2024,  with retroactive effect as of April 1, 2024. The agreement involves the full transfer of ownership  from the three current shareholders to the Interroll Group. As previously communicated, the  financial terms of the deal remain undisclosed. 

Interroll India Pvt. Ltd. has been a trusted independent agent of the Interroll Group for over a  decade, playing a pivotal role in serving the Indian market. This acquisition marks a significant  milestone for Interroll as it aims to reinforce its position and commitment to the growing Indian  market. 

By integrating Interroll India Pvt. Ltd. into its global operations, Interroll Group will enhance its local  presence, enabling the company to offer even greater value to its customers in India. This  strategic move aligns with Interroll’s long-term vision to expand its footprint in key emerging  markets and underscores the importance of India in the company’s global growth strategy. 

“We warmly welcome Interroll India Pvt. Ltd. fully into the Interroll family,” says Ingo Steinkrüger  CEO of Interroll Group. “India is a market with considerable potential for us, and this acquisition  will allow us to better serve our customers with improved access to our innovative solutions and  products. We look forward to building on the strong foundations that have been established over  

the past decade,” Steinkrüger adds. 

“We’re delighted to be more firmly part of the Interroll family now; we look forward to reaching new  heights and achieving further success in our shared journey together,” says Aswini Lakhotia,  Managing Director Interroll India. 

Interroll Group continues to maintain its position at the forefront of material handling technology,  providing solutions that drive efficiency and productivity across a wide range of industries.


Manufacturing & Engineering Magazine | The Home of Manufacturing Industry News

Share this post

Subscribe to MEM Newsletters!