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Elgi Equipments’ arm acquires Michigan Air Solutions

17 Dec 2019 Evaluate

Elgi Equipments’ subsidiary -- Elgi Compressors USA, Inc. has acquired Michigan Air Solutions, one of the largest independent air compressor distributors in Michigan. This acquisition is an important step that ELGI has taken to expand its presence in the US and strengthen its position as a leading player in the global compressed air industry.

Michigan Air Solutions was established in 2009, and has served the markets in Michigan's Lower Peninsula with compressed air expertise, a wide range of products, and responsive after-sales support. Its product portfolio encompasses all compressed air needs from compressors, dryers, filtration, piping, vacuum pumps, blowers, and more.

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

Peers
Company Name CMP
Kirloskar Brothers 1772.00
Elgi Equipments 602.95
Shakti Pumps (India) 466.85
KSB 817.95
Oswal Pumps 275.15
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