Lord's Mark Acquires Radiotone Legacy

Lord's Mark Industries Limited has acquired Radio Electric Private Limited, the manufacturer of the Radiotone brand, bolstering its specialized electrical manufacturing and engineering capabilities. This strategic expansion aligns with Lord's Mark's vision of building a diversified, technology-led enterprise by acquiring established businesses with strong technical foundations.

Founded in 1939, Radio Electric Private Limited boasts a rich legacy, particularly in manufacturing variable autotransformers (Variacs) and toroidal transformers. Their expertise includes custom-designed solutions for demanding applications, backed by nearly nine decades of engineering and manufacturing heritage.

The acquisition integrates Radio Electric's extensive manufacturing experience and specialized transformer design know-how with Lord's Mark's growth platform. This provides Lord's Mark access to a profitable, debt-free business with a loyal customer base of 40-50 clients, including blue-chip industrial names and international repeat customers across seven markets.

Lord's Mark plans to enhance Radio Electric's operations by strengthening its sales and marketing strategies, expanding its customer base, and exploring new product developments. The company aims to transform Radiotone into a broader electrical engineering solutions platform, leveraging its existing infrastructure and technical expertise for future growth.

Mr. Umesh Marathe will serve as a consultant for one year to ensure a smooth transfer of critical knowledge. Dr. Sachidanand Upadhyay, MD & CEO of Lord's Mark Industries Limited, emphasized the acquisition's strategic value, highlighting Radio Electric's engineering heritage, specialized technology, and growth potential.