Lords Mark acquires Radio Electric (Radiotone) to expand transformer business
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Lords Mark Industries has acquired Radio Electric Private Limited (Radiotone brand) under its Lighting and Energy Division. Radiotone, founded in 1939 with the brand since 1980, makes Variacs and toroidal transformers, and is debt-free and profitable. It serves 40 to 50 customers including Siemens, L&T, Hitachi and Bharat Bijlee, and exports to 7 countries. Manufacturing runs at about 50% capacity on a single shift, leaving headroom to scale. The deal supports the company's BESS segment and in-house components for its medical device business.
Adds a profitable, debt-free electrical manufacturing business with export reach and 50% capacity available to scale. Strengthens BESS and medical device verticals.