
Elgi buys Sydney firm for ₹56 crore
Coimbatore-based air compressor company Elgi Equipments has acquired 100 per cent shareholding in Sydney-headquartered Pulford, one of the largest distributors of industrial air compressors in Australia, in an all-cash transaction valued at A$11.04 million (about ₹56 crore).

ELGi to organise marathons in US, Coimbatore to create cancer awareness
Air-compressor manufacturer Elgi Equipments has reaffirmed its commitment to support cancer awareness cause globally. Around 1,650 employees of the company along with their family members have vowed to participate in the marathons — scheduled on October 5 at Charlotte, North Carolina, US and on October 6 at Coimbatore.
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