Refex Industries announced that its subsidiary Venwind Refex Power will acquire 100% equity in Refex Engineering Product. The move consolidates Refex’s engineering and renewables operations under one umbrella, enhancing synergies across its power and infrastructure businesses. The acquisition reflects Refex’s strategy to expand its integrated energy solutions portfolio.
Strategic consolidation and outlook
The acquisition marks a significant step for Refex Industries in streamlining its group structure. By bringing Refex Engineering Product fully under Venwind Refex Power, the company aims to strengthen its capabilities in engineering services, renewable energy, and infrastructure solutions. Industry analysts note that such consolidation can improve operational efficiency, reduce overlaps, and create a stronger platform for future growth. Refex has been actively expanding in renewables and sustainable solutions, and this move aligns with its long-term vision of becoming a diversified energy player.
Notable updates
* Venwind Refex Power to acquire 100% equity in Refex Engineering Product
* Acquisition consolidates engineering and renewables operations under Refex Industries
* Strategy aimed at boosting synergies and operational efficiency
* Move strengthens Refex’s integrated energy and infrastructure portfolio
* Part of Refex’s broader push into renewables and sustainable solutions
The acquisition underscores Refex Industries’ commitment to building a robust, integrated energy business, positioning itself for long-term growth in India’s evolving power and infrastructure landscape.
Sources: Refex Industries Investor Presentation, Moneyworks4me, Rediff Money