India’s Lohia Group Acquires Israeli Company Light & Strong

Light & Strong CEO Uri Orbach (Photo credit: Tomer Shalom)

The Lohia Group on Tuesday announced the acquisition of Israel-based Light & Strong, which specializes in aerospace and military carbon fiber and glass fiber composite components.

Light & Strong has an established customer base in Israel including the Israeli Ministry of Defense among others. With the acquisition, the Lohia Group aims to become the leading supplier for global OEMs in the aerospace and defense sector, the group said in a release.

With its operations in India supporting its Israeli facilities, the Group marks Israel as a key export hub to the American and European markets. With these facilities serving as a strategic base for customers in those markets, the Group says it will utilize Israel’s well-known prowess in aerospace R&D and engineering to leverage its expertise globally.

The Indian facility will be based out of Kanpur in northern India and will be part of the State government’s defense corridor. Being part of this corridor, the Group expects to receive strong support from the Government.

“We look forward to establishing a firm international footprint and further growing new markets through this acquisition,” said Anurag Lohia, Director of Lohia Group. “We believe this marks the beginning of our growth in this sector on a global scale. We will continue to look at other synergistic opportunities in this space towards our aim to be a key participant in the global defense and aerospace domains.”