Industrial Machineryworld trade 2024+4.5% 5Y CAGR
Jul 31, 2018ACQUISITIONSydney, Australia ELGi Equipments acquires Australian compressor distributor Pulford Air & Gas
Indian air-compressor maker ELGi Equipments completed the 100% acquisition of Sydney-based distributor F.R. Pulford & Son (Pulford Air and Gas) for approximately A$15.05 million, entering the Australian market.
Productsindustrial air compressors
“The total acquisition is Approx A$ 15.05 Million; and ELGi will gain 100% of the shareholding & control.”elgi.com
- 3 sources
- elgi.comElgi Equipments acquires Pulford Air & Gas; makes a strategic entry into the Australian market | ELGiJul 31, 2018
- blog.elgi.comAustralian for Air | ELGiSep 4, 2018
- oemupdate.comElgi Equipments enters the Australian market; acquires Pulford Air and Gas | OEM UpdateSep 12, 2018
Summarized from public sources; check the original articles before acting on it.