Aeroflex Enterprises’ subsidiary -- M.R. Organisation has acquired 51% equity stake through its USA subsidiary in ABP Impex, based in Portugal (EU) that specialises in providing services for high pressure compressors. With robust EBITDA margins, ABP Impex brings in strong technical expertise in high pressure compressors. ABP Impex is capable of manufacturing all types of parts and providing services for most of the high-pressure compressors in the market.
This acquisition represents a strategic expansion of M.R. Organisation’s compressor business, strengthening groups position in the aftermarket and global compressor service sectors.
Aeroflex Enterprises (Formerly known as SAT Industries) has presence in a wide range of activities such as manufacturing, global outsourcing of products & services, real estate, mining and marketing activities in the field of coals.