Ramky Enviro Engineers today said it has acquired the specialist environmental consultant and technical services business of Entech Industries. Entech,a subsidiary of Australia's Tox Free Solutions,provides innovative environmental and waste treatment solutions to government and industrial customers in Australia and China,Ramky said in a release. However,no financial details of the deal were disclosed. It is certainly an achievement for Ramky to acquire Entech and able to extend services to the Indian and International Multinational customers in Australia and Greater China,Ramky Group Chairman Ayodhya Rami Reddy said. "It complements our suite of capabilities and regional presence,providing innovative environmental services and treatment solutions both in the advanced and the emerging markets. While Ramky is ambitious and achieving good growth in selected markets,we are also careful in our investment approach," Reddy said. Understanding the increasing emphasis on resource recovery and innovative waste treatment solutions,Ramky is constantly developing cost-effective and techno-commercially proven solutions to help customers meet their environmental and waste management needs,it said. Australia and China provides Ramky an enhanced platform to tap on advanced technologies and large growth markets. The company comes with experienced professionals with established track records in the region. The businesses trading as Entech Environmental Services Australia and Entech China are being managed by Ramky International (S) Pte Ltd,Singapore,it said. Shares of Ramky Infrastructure today closed at Rs 109.55 apiece on the BSE,up 1.86 per cent over the previous close.
