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L&T acquires Ramboll's Stake in L&T-Ramboll Consulting Engineers Limited

L&T acquires Ramboll's Stake in L&T-Ramboll Consulting Engineers Limited

Sep 09, 2014, at 06:28 pm

Mumbai, Sept 09 (IBNS): Larsen & Toubro Limited, in a strategic move to strengthen its design base in the Infrastructure space, has acquired 50% of the stake in L&T-Ramboll Consulting Engineers Limited (LTR) hitherto held by Ramboll Denmark AS. With this acquisition, LTR now becomes a wholly owned subsidiary of L&T.