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Kirloskar Oil Engines acquires 100% stake in ‘KOEL Americas Corporation’

02 Jul 2015 Evaluate

Kirloskar Oil Engines has acquired 100% share capital of ‘KOEL Americas Corporation’ incorporated under state of Delaware laws, United States of America. Consequently, KOEL Americas Corporation has become a wholly owned subsidiary of the company.

Kirloskar Oil Engines manufactures the widest range of diesel engines in India. Its other product range includes irrigation pump sets, diesel generating sets and engine bearings.


Peers
Company Name CMP
Cummins India 3957.40
Kirloskar Oil Engine 1521.35
Greaves Cotton 204.20
Swaraj Engines 3500.00
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