December 25, 2014 10:54 AM ET

Industrial Conglomerates

Company Overview of Godrej & Boyce Mfg. Co. Ltd.

Company Overview

Godrej & Boyce Mfg. Co. Ltd. is engaged in real estate, FMCG, industrial engineering, appliances, furniture, security, and agri care businesses. The company offers products and services in the areas of appliances, furniture, FMCG, real estate, agri, AV solutions, batteries, chemicals, construction, electricals and electronics, IT and software solutions, locks, material handling, motors, precision engineering, precision systems, process equipment, security solutions, storage solutions, tooling, and vending. It serves its customers in India and internationally. Godrej & Boyce Mfg. Co. Ltd. was founded in 1897 and is based in Mumbai, India. It has operations in the United Kingdom, the Netherlan...

Pirojshanagar, Eastern Express Highway

Vikhroli

Mumbai,  400 079

India

Founded in 1897

Phone:

91 22 2518 8010

Fax:

91 22 2518 8074

Key Executives for Godrej & Boyce Mfg. Co. Ltd.

Chairman and Managing Director
Age: 65
President and Executive Director
Age: 68
Director of Finance
Age: 69
Chief Operating Officer
Age: 50
Executive Director
Age: 67
Compensation as of Fiscal Year 2014.

Godrej & Boyce Mfg. Co. Ltd. Key Developments

Godrej Group Mulls Acquisitions

Godrej & Boyce Mfg. Co. Ltd. (Godrej Group) is eyeing acquisitions to fuel growth. "By 2050, India will be the world's largest economy and by 2040, I think India will overtake USA", Adi Godrej, Chairman of Godrej Group said during an informal media interaction on December 9, 2014. He added, China would overtake USA in the long-run and India, because of its demographic strength, would emerge as the leader in the world economy. Adi Godrej said the Mumbai-headquartered conglomerate was looking at a '20% CAGR by 2020 both organically and inorganically'. Godrej Group is in talks to acquire stake in Darling Group Holdings. "It will be a gradual process. We have planned the acquisition in stages and have 51% stake in the company presently", Adi Godrej added.

Godrej & Boyce Mulls Acquisitions

Godrej & Boyce Mfg. Co. Ltd. is seeking acquisitions. Godrej said, "The group continues to scout for acquisitions in consumer products, its largest business, in Latin America, Asia and Africa as part of its ten by ten strategy."

Private Equity Players Reportedly In Race To Buy Geometric From Godrej & Boyce

There is speculation that Geometric Limited (BSE:532312) is being taken over by a clutch of private equity funds. Speculation was rife after Geometric announced on May 27, 2014 that insiders had been banned from dealing in its shares from June 1, 2014 to July 24, 2014. Godrej & Boyce Mfg. Co. Ltd owned Geometric said no company Director, employee or officer will trade in its shares for close to two months. Private equity players, including Apax Partners had shown interest in Geometric after talks with top information technology companies failed over valuations, bankers said. A Geometric spokesperson said that, as a policy, it does not comment on market speculation. The spokesperson said trading had been suspended over results for the June quarter. A source in Apax Partners said Geometric was too small for it to make an investment. Bankers added Geometric was on the block for quite some time but Indian information technology majors did not buy Geometric after due diligence.

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