News | ELGi Brazil - Part 8

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THE TIMES OF INDIA

Elgi acquires Michigan Air Solutions

17th December 2019

Elgi Compressors USA, Inc, a subsidiary of Coimbatore-headquartered Elgi Equipments Limited, a global supplier of compressed air solutions, on Tuesday announced its acquisition of Michigan Air Solutions, one of the largest independent air compressor distributors in Michigan, marking an important step that Elgi has taken to expand its presence in the US. The financial contours of the transaction were not divulged.

INDIAN BUSINESS REVIEW

Elgi Equipments launches oil free piston compressors at the 13th International Railway Equipment Exhibition

23rd October 2019

Reiterates commitment to driving reliability and performance for electric and diesel railway applications

BUSINESSLINE

Elgi Compressors acquires US-based Michigan Air

17th December 2019

Elgi Compressors USA, Inc, a subsidiary of Coimbatore-headquartered air compressor manufacturing major Elgi Equipments, has acquired Michigan Air Solutions, an independent distributor of air compressors in Michigan.

THIS WEEK INDIA

Elgi Equipments launches Oil Free Piston Compressors

22nd October 2019

Elgi Equipments (BSE: 522074 NSE: ELGIEQUIP), one of the world’s leading air-compressor manufacturers, exhibited its oil free range of piston compressors for the railway segment at the 13th International Railway Equipment Exhibition (IREE), Asia’s largest rail transportation event.

DT NEXT

Elgi buys US compressor distributor for Rs 42 cr

18th December 2019

Continuing its strategy of gaining in overseas market by acquiring distributors, Coimbatore-based compressor maker Elgi Equipments Ltd has bought Michigan Air Solutions (MAS) in the US for about Rs 42 cr ($6 mn), said a top official.

BUSINESS STANDARD

ELGi wins CII Design Excellence Award 2019

16th October 2019

City based Elgi Equipments, a leading air-compressor manufacturer, on Tuesday said it has won the 2019 CII Design Awards.

THE ECONOMIC TIMES

ELGi Equipments acquires Michigan Air Solutions

17th December 2019

ELGi Compressors USA, Inc., a subsidiary of Elgi Equipments Limited, a global supplier of compressed air solutions, announced its acquisition of Michigan Air Solutions, one of the largest independent air compressor distributors in Michigan on Tuesday.

COVAIMAIL

ELGi’s AB Oil Free Series wins CII Design Excellence Award

16th October 2019

Elgi Equipments one of the world’s leading air-compressor manufacturers, recently won the 2019 CII Design Awards.

FIBRE2FASHION

Elgi launches energy-efficient air compressors at Excon

13th December 2019

Elgi Equipments, one of the leading air-compressor manufacturers, has launched its future ready, energy-efficient range of electric & diesel portable air compressors at the ongoing Excon 2019, at the outdoor arena, stand OD 10. Excon, the largest construction equipment exhibition in South Asia, is expected to attract over 50,000+ business visitors.

AUTOPARTSASIA

Elgi Equipments wins design award

15th October 2019

Air-compressor manufacturer Elgi Equipments’ ELGi AB ‘Always Better’ series, a disruption in Oil free compressed air technology, has won the CII Design Excellence Award in the Industrial Design, capital goods category. The award acknowledges and celebrate design and innovation in India.

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