Pune-based Elegar Kerpen, formerly known as Leoni Cable Solutions India Private Limited (LCSI), has been acquired by Ravicab Cables Private Limited with a 100 percent equity stake. LCSI, an Indian subsidiary of the reputed Leoni AG, Germany, which is a 100-year-old brand in the cable Industry. Post divestiture by Leoni AG Group in 2022, LCSI is repositioning itself as Elegar Kerpen Kabel India. LCSI has been in India since 2006, offering specialized wires and cables in oil and gas, refineries, specialty chemicals, Indian Railways, and renewable energy segments. This strategic move will help the progressive cable manufacturer expand its product range and reach new markets worldwide, especially in the Indian Subcontinent, South East Asia, the Middle East, Australia, and the UK. The new brand name is inspired by the words Electric and Garden (Hub), creating ‘ELEGAR’. Kerpen is a renowned global brand with over 100 years of vintage in the oil and gas sector. With this acquisition, Elegar has inherited the name and its legacy for the oil & gas and industrial project segment.
The chairman and managing director of Elegar Kerpen, Mr. Hemant K Mehta, expressed his opinion on the acquisition and plans, explaining, “We are excited upon the completion of this acquisition in 3 months and subsequent rebranding. This acquisition brings world-class equipment, German technology, and trained professional manpower to grow the business to three folds by 2026-27 and the synergies it will bring on procurement, sharing best practices, common professional advisors and customer focus between Elegar Kerpen and Ravicab Cables.”
Ravicab Cables is a specialized cable manufacturer in India with more than two decades of experience in manufacturing, marketing, and distribution of wires & cables for domestic, industrial, transport applications, and specialty markets. Ravicab is resourced with 2 state-of-the-art manufacturing facilities spread over 1.2 lakh sq. ft. and a modern laboratory equipped to perform all necessary tests as per national and international standards. Whereas Elegar Kerpen with a 3,00,000 square feet facility featuring top-notch German quality technology and infrastructure, specializes in designing, developing, and producing supreme quality cables. Together the two companies are currently focusing on enhancing their product offering in the cable industry.
Elegar Kerpen is associated with some of the most recognized and prestigious projects, including the Atal Tunnel, Reliance Jamnagar refinery, various Shell Energy projects, Vande Bharat Express train, and Pune Metro Rail. Under its clean energy initiatives, the company has also supplied DC string cables to solar power generation projects to a tune of 10 GW.
Elegar Kerpen has recently appointed Business Partners in the UAE and is discussing enhancing its presence by appointing partners in other Middle-East countries. The company has been serving customers in Europe as well as in Russia. Elegar Kerpen already has a presence in Russia, Singapore, UAE, India, and China and is expanding in Europe.
As a cable manufacturer with a global presence, Elegar Kerpen is set for a new era of excellence in its segments. The company is poised to make notable strides in the cable industry by delivering cutting-edge products that align with national and international quality standards. By upholding its commitment to innovation and sustainability, Elegar Kerpen will scale market demand, expanding its presence and clientele. The company will continue to capitalize on its German technology infrastructure and trained manpower, and scale market growth over the years.
