Fives Pillard strengthens its position in Indian combustion market

Fives Pillard strengthens its position in Indian combustion market
Published: 10 April 2012


The Fives group has acquired CBL Combustion Systems, an Indian company specialising in the design and supply of combustion equipment used mainly in the energy (burners for industrial boilers and thermal power plants) and minerals (cement) sectors.

CBL, which markets its offer both on the basis of its own technologies and those of Fives Pillard, has adopted the name of Fives Combustion Systems Pvt Ltd and the Fives group’s visual identity.

Fives Combustion Systems, headquartered in Mumbai, also has a burner production and assembly workshop located in Vadodara, in the state of Gujarat. The company, which has approximately 100 employees, has a turnover of about US$5m (INR 300m).

“Through this acquisition Fives Pillard has gained an operational structure in the combustion field in India allowing it to accelerate its development in this high growth market for which a local presence is a key success factor,” the company said in a statement.