Patel Engineering - Water Engineering To Infrastructre

Patel Engg Buys Michigan Engg

Patel Engineering today announced acquisition of Michigan Engineers Pvt Ltd (MEPL), a city-based urban infrastructure company for an undisclosed sum. "The government is planning to spend Rs 63,000 crore over the next five years on urban infrastructure. The acquisition of MEPL provides the perfect platform to leverage joint skills and bid for urban infrastructure and sewerage projects", said Rupen Patel, managing director.

With the acquisition of MEPL, Patel Engineering will now be able to provide end-to-end solutions in sewer rehabilitation and urban infrastructure space, he pointed out. Patel Engineering will now focus on the explosive growth in urban infrastructure both in metros and tier II cities. Michigan Engineers, a 28-year old company, had annual revenues of about Rs 40 crore.