January 19, 2017 8:24 AM ET


Company Overview of L&T Valves Limited

Company Overview

L&T Valves Limited designs and manufactures various industrial valves for oil and gas, power, petrochemicals, chemicals, fertilizers, and pharmaceutical sectors. It offers gate, globe, and check valves; valves for power; trunnion-mounted ball valves; process ball valves; triple-offset butterfly valves; flanged and wafer-type butterfly valves; double block and bleed plug valves; automated and control valves; customized solutions; pipeline ball valves; high performance butterfly valves; and large-size butterfly valves for water lines. The company provides various valves for the oil and gas industry covering various phases, such as production, refining, transportation, and distribution; and for...

L&T Campus

TC-3, Tower A, 2nd Floor

Mount - Poonamallee Road


Chennai,  600 089


Founded in 1961


91 44 2252 9855


91 44 2252 9870

Key Executives for L&T Valves Limited

Chief Executive Officer and Manager
Head of International Sales & Business Development
Head of Domestic Sales
Head of Marketing Services
Head of National Sales
Compensation as of Fiscal Year 2016.

L&T Valves Limited Key Developments

KKR Front-runner To Acquire L&T Valves

KKR & Co. L.P. (NYSE:KKR) emerged as the front-runner to acquire a majority stake in infrastructure major Larsen & Toubro Limited (BSE:500510) subsidiary L&T Valves Limited. While the exact quantum of the stake to be offloaded was not immediately known, sources close to the development said the deal would hover around $500 million for a majority stake. Advent International Corporation was also in the fray, with the bidders evincing interest for the entire 100% stake in L&T Valves.

Advent International and KKR Reportedly Offers To Buy L&T Valves From Larsen and Toubro

Advent International Corporation and KKR & Co. L.P. (NYSE:KKR) have made offers to buy L&T Valves Limited from Larsen & Toubro Limited (BSE:500510) in a deal estimated at between $400 million and $500 million (roughly around INR 3,000 crore), people directly familiar with the matter said. A M Naik, Chairman of Larsen & Toubro confirmed that KKR and Advent are among the suitors for L&T Valves. But no deal has been sealed yet, he added. KKR declined to comment on the report.

KKR & Co In Talks To Acquire A Stake In L&T Valves

KKR & Co. L.P. (NYSE:KKR) has emerged as a frontrunner to buy a large stake in L&T Valves Limited, a source familiar with the matter told to Times of India. Other investors, including Actis, have fielded interest in L&T Valves, which has three manufacturing facilities in the country . But KKR is said to be more aggressive. KKR has been working on the deal for the past six months and has had several meetings with the Larsen & Toubro leadership, which is actively working on divesting non-core businesses like valves and hydrocarbons.

Recent Private Companies Transactions

No transactions available in the past 12 months.

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Bloomberg L.P. United States
The Advertising Council, Inc. United States
Rush University United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact L&T Valves Limited, please visit www.lntvalves.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.