Industrial Machineryworld trade 2024+4.5% 5Y CAGR
Dec 16, 2019ACQUISITIONMichigan, United States ELGi Equipments gets approval to acquire 100% of Michigan Air Solutions for about $6 million
ELGi Equipments received approval to acquire 100 percent of Michigan Air Solutions LLC, a Michigan-based air compressor distributor, through its US subsidiary. The total consideration is around US$6 million.
Productsair compressorscompressed air equipment
“The total consideration for the acquisition is around US$6 million (Rs 42.44 crore).”insights.dsij.in
- 4 sources
- insights.dsij.inELGI Equipments shines on getting nod to acquire stake in Michigan Air SolutionsDec 17, 2019
- globenewswire.comELGi Acquires Michigan Air Solutions and Expands itsDec 17, 2019
- elgi.comELGi Acquires Michigan Air Solutions and Expands its Presence in the North American Air Compressor Market | ELGiDec 17, 2019
- elgi.comElgi buys US compressor distributor for Rs 42 cr | ELGiDec 18, 2019
Summarized from public sources; check the original articles before acting on it.
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