Meson Valves Partners with Georg Schunemann GmHH for Diverse Industry Access

On April 25, 2024, Meson Valves India Limited informed in a stock exchange filing that the company secured a license agreement with Georg Schunemann GmHH of Bremen, Germany.

Details of the Agreement

The agreement authorises Meson Valves to proactively expect and champion ‘Make in India’ as the exclusive choice for global manufacturing. This exclusive arrangement grants the company a unique competitive advantage within its market segment. Additionally, it allows Meson Valves India Limited to serve a more diverse range of industries, such as Water Treatment, Aerospace, Oil and Gas, HVAC, Automotive, and more.

Meson Valves and its subsidiaries are exclusively authorised to use their fundamental expertise concerning filters, manufactured products, and inserts, with the added benefit of seeking assistance from Georg Schunemann GmHH to ensure optimal technology utilisation.

Georg Schunemann GmHH is a well-known manufacturer of special fittings, filters, and filtration systems.

The company stated that by gaining valuable expertise spanning manufacturing techniques, marketing strategies, assembly processes and sales tactics, Meson Valves is set to improve its product offerings and strengthen its market presence.

Sharing thoughts about the licensing, the Chairman and Managing Director of Meson Valves India Limited, Mr Brijesh M. Manerikar, said, “We are thrilled about the exclusive rights we have been granted. The collaborative opportunities are particularly exciting, and we anticipate that they will streamline our operations and enhance our product offerings.”

He further added, “This agreement provides us with a strategic advantage within the Indian market. This will allow us to elevate our product offerings and strengthen our presence by opening new avenues for growth and enabling us to cater to a broader industrial spectrum. Additionally, we are committed to proposing innovative improvements, demonstrating our dedication to delivering high-quality products to our customers.”

He also stated that this license agreement outlines the terms between Meson Valves India Limited and Georg Schunemann GmbH, setting the foundation for a mutually beneficial collaboration in the realm of valve manufacturing and related applications.

About Meson Valves India Limited

Meson Valves India Limited (MESON) is involved in the manufacturing of high-quality valve products across various industries. They’re skilled in various fields like Defense, Marine, Industry, Oil & Gas, and Power.

On April 26, 2024, the share price of Meson Valves India Ltd opened at ₹899.95, touching the day’s high at ₹904.05, as of 9:31 AM on the BSE.

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