Mumbai, October 12: Manufacturing major Lord’s Mark Industries has announced the acquisition of Radio Electric Private Limited, the company behind the ‘Radiotone’ brand, as it looks to strengthen its capabilities in specalised electrical equipment manufacturing. This move brings established client relationships and untapped production capacity to Lord’s Mark’s Lighting & Energy Division.
Currently, Radiotone operates at just 50% of its machine capacity on a single-shift basis, giving Lord’s Mark substantial room to scale up manufacturing output without requiring immediate large capital expenditures.
Founded in 1939, Radiotone specializes in variable autotransformers and toroidal transformers tailored to customer specifications. With this, Lords Mark gains access to export markets in Europe, the US, Canada, South Africa, Dubai, and the Philippines. The company’s customer base has been built largely through engineering reputation, referrals and repeat business, allowing the company to build a structural sales and marketing strategy, helping Lords Mark to deepen its export presence and engineering skills.
“Radio Electric Private Limited represents a rare combination of engineering heritage, specialised technology, customer trust and significant untapped growth potential. What attracted us was not simply the company’’s history, but the strength of the underlying business a profitable manufacturing operation, established bluechip customer relationships, an export track record and specialised technology refined over decades. Lord’s Mark Industries Limited is committed to building high-end transformer manufacturing capabilities to serve the Indian market as well as international markets. This acquisition gives us a strategic edge in the rapidly growing Battery Energy Storage System (BESS) segment, while also enabling us to develop critical components in-house, creating greater value and improving profitability across our medical device business. We see this acquisition as an opportunity to preserve the strengths that have made Radiotone a trusted name while providing the business with a larger growth platform, stronger market access and a more structured approach to domestic and international expansion. Our objective is to take this established Indian engineering capability into its next phase of growth and build a larger, globally competitive electrical manufacturing business.” Dr. Sachidanand Upadhyay, MD & CEO, Lord’s Mark Industries Limited, said in a press release.
