Indian prefab specialist joins forces with KEF Katerra
Indian prefabrication specialist KEF Infra has merged with Katerra, a tech company that serves the design and construction industries, in a move that both companies will see them “jointly expand” their geographic reach, manufacturing capacity, and market expertise.
KEF Katerra will operate in the India and the Middle East markets and offer an “end-to-end building services enhanced by offsite manufacturing and enterprise technology,” the companies said in a statement.
“In addition to addressing housing needs, KEF Katerra will be actively engaged in building critical infrastructure such as hospitals and schools,” they added.
“We are thrilled to merge with KEF Infra, a company that is truly a disruptor,” said Michael Marks, chairman and co-founder of Katerra. “It’s incredible to discover a team so aligned with our values and vision.”
“I am very excited by the prospects of this strategic alliance,” said Faizal Kottikollon, founder and chairman of KEF Infra. “We look forward to breaking new ground with such a like-minded team.”
Founded in 2014, KEF Infra uses robotics and automation in its advanced manufacturing operations to deliver high quality building projects more quickly and efficiently. The company specialises in factory-made products such as pre-cast concrete, prefabricated bathroom pods, joinery and furniture and aluminum and glazing facades for the Indian and Middle East markets, KEF Infra has 1,400 employees and factories in Krishnagiri, Tamil Nadu and Lucknow, Uttar Pradesh in India.
Katerra employs more than 2,000 people with operational factories in Greater Phoenix, Arizona and Shanghai, China, as well as two US factories currently in development. After the merger, there will be 20 offices worldwide and 3,400 employees.
“With the merger, Katerra will bring world-class pre-cast concrete technologies to the US market, greatly expanding design and materials options for U.S. clients. At the same time, the merger will result in a more robust global supply chain and elevated manufacturing processes in existing KEF markets,” added the companies