Axiscades Acquires Hyderabad-based Epcogen to Fortify its Position in Energy Markets

Axiscades Acquires Hyderabad-based Epcogen to Fortify its Position in Energy Markets

Axiscades Technologies, a leading end-to-end engineering and technology solutions provider, has acquired 100% stake in Epcogen. Epcogen specializes in engineering design and solutions for the energy sector. The acquisition, worth Rs 26.25 crore, marks a pivotal moment for both companies. The move will fortify Axiscades’ position in the energy markets of the Middle East and North America. Axiscades CEO and MD, Arun Krishnamurthi, highlighted the strategic value of the acquisition, stating that it not only augments their competency but also propels their expansion as a service provider into the global energy industries. Axiscades caters to various sectors including aerospace, defence, heavy engineering, automotive, and energy, providing engineering services for product design to Airbus.

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