# 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.

- Type: Acquisition
- Announced: 2018-07-31
- Where: Sydney, Australia
- Value: $11.1M (15.1M AUD)
- Status: completed
- Products: industrial air compressors
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Elgi Equipments](https://endata.com/companies/1552.md) (acquirer)
- [Pulford Air & Gas](https://endata.com/companies/3664.md) (target)
- [F R Pulford and Son](https://endata.com/companies/3691.md) (target)
- [F.R. Pulford and Sons](https://endata.com/companies/3801.md) (target)
- [Advanced Air Compressors](https://endata.com/companies/3802.md) (target)

## Sources

- [elgi.com](https://www.elgi.com/us/press-coverage/elgi-equipments-acquires-pulford-air-makes-a-strategic-entry-into-the-australian-market/), 2018-07-31: "The total acquisition is Approx A$ 15.05 Million; and ELGi will gain 100% of the shareholding & control."
- [blog.elgi.com](https://blog.elgi.com/life-news/australian-for-air/), 2018-09-04: "ELGi Equipments has acquired F.R. Pulford and Sons and its wholly owned subsidiary Advanced Air Compressors."
- [oemupdate.com](https://www.oemupdate.com/exclusive/elgi-equipments-enters-the-australian-market-acquires-pulford-air-and-gas/), 2018-09-12: "Elgi Equipments has announced its 100 per cent acquisition of F.R. Pulford & Son Pty Limited along with its wholly owned subsidiary Advanced Air Compressors Pty Ltd."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.