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Elgi Equipments’s arm invests fund in Elgi Compressors Nordics

01 Oct 2020 Evaluate

Elgi Equipments’s wholly owned subsidiary -- Elgi Compressors Europe SRL has invested 50,000 SEK (Swedish Krona) in the share capital of Elgi Compressors Nordics, Sweden. The newly formed entity will host the sales force for the Nordic region with an objective of promoting ELGi’s EPSAC (Electric Powered Screw Air Compressors) products.

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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