Larsen & Toubro Ltd.

Larsen & Toubro (L&T) has agreed to sell its Medical Equipment business based at Mysore, India to Skanray Healthcare. Recently, L&T had bagged a $250 million engineering, procurement and construction (EPC) contract from Dolphin Energy, a United Arab Emirates-based company.

Skanary Healthcare is fully owned by the founders and investor of Skanray Technologies. Skanray Technologies is engaged in the business of diagnostic imaging product and primary health care devices.

Larsen & Toubro is the biggest legacy of two Danish Engineers, who built a world-class organization that is professionally managed and a leader in India's engineering and construction industry.