Gilbarco Inc. has completed the previously announced acquisition of the Petroleum Dispensing Pump (PDP) business unit of Larsen & Toubro Limited (L&T).
Located in Mumbai, India, L&T is a leading industrial conglomerate. The PDP business unit manufactures, sells, integrates and services petroleum dispensers, LPG equipment, and automation systems solutions. L&T’s PDP business unit has a significant installed base of sites that spans both multi-national and regional oil companies, primarily in India. Gilbarco Inc. is wholly owned by Danaher Corporation. The acquisition is a reaffirmation of Danaher’s interest in India its commitment for long term growth. PDP will be joining fourteen other Danaher companies in India.