Elgi Equipments acquires entire stake of Pulford

Elgi Equipments has completed the acquisition of 100% shareholding and control of F.R.Pulford & Son Pty (Pulford), a company headquartered in Sydney, Australia, through Industrial Air Compressors Pty, Australia, wholly owned subsidiary of Elgi Equipments (Elgi). The Board of Directors in their meeting held on July 31, 2018, approved the same.

Elgi Equipments is a holding company and an air compressor manufacturer. The company’s segments include Compressors, Automotive Equipments and Others.