# Elgi acquires Australia's Pulford Air and Gas

Elgi Equipments completed the full acquisition of Australian compressor distributor FR Pulford & Son and its subsidiary Advanced Air Compressors, trading as Pulford Air and Gas, for an upfront cash cost of about A$11.04 million. The deal was announced on 2018-08-01.

- Type: Acquisition
- Announced: 2018-08-01
- Where: Australia, Australia
- Value: $8.10M (11.0M 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)
- [FR Pulford & Son](https://endata.com/companies/3681.md) (target)
- [F R Pulford and Son](https://endata.com/companies/3691.md) (target)

## Sources

- [financialexpress.com](https://www.financialexpress.com/business/industry-elgi-acquires-australias-pulford-air-and-gas-1266486/), 2018-08-01: "The total acquisition cost is approximately A$11.04 million (upfront cash consideration)."
- [india.com](https://www.india.com/news/elgi-equipments-eyeing-14-15-growth-in-fy-2018-19-md-3205762/), 2018-08-05: "The Coimbatore-based company, as part of strengthening its presence in Australia recently acquired 100 per cent shareholding of Sydney-based F R Pulford and Son Pty Ltd for 11.04 million (Australian Dollars)"

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