L&T acquires Ramboll’s Stake in L&T-Ramboll Consulting Engineers Limited

Mumbai, September 09, 2014: Larsen & Toubro Limited, in a strategic move to strengthen its design base in the Infrastructure space, has acquired 50% of the stake in L&T-Ramboll Consulting Engineers Limited (LTR) hitherto held by Ramboll Denmark AS. With this acquisition, LTR now becomes a wholly owned subsidiary of L&T.