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BUSINESSLINE

Second edition of Elgi’s signature initiative takes off

23rd December 2019

If global climate change is an alarming reality, futuristic innovations would pave the way for an organisation’s performance and success. This is exactly what air compressor manufacturing major Elgi Equipments is striving to do — trying to make a difference by ensuring organisations reduce both energy dependence and emission, resulting in minimal impact on the environment.

AUTOCAR PROFESSIONAL

Sustainable, energy efficient compressed air solutions take centre stage at Elgi Tech Day

20th December 2019

Elgi Equipments, which was in the news earlier this week for having acquired Michigan Air Solutions, has hosted its second Global Technology Day on the theme of ‘State of the Future Art’, in Coimbatore. The event saw participation from over 200 employees, academia, students from over 20 engineering colleges across India and industry thought leaders.

THE HINDU

Elgi acquires Michigan Air Solutions

17th December 2019

Elgi Compressors USA, a subsidiary of Elgi Equipments, has acquired Michigan Air Solutions in a move to expand its presence in the U.S. According to Jairam Varadaraj, MD of Elgi Equipments, this is an important step for the company to strengthen its position as a leading player in the global compressed air industry. The cost of acquisition is estimated to be approximately $6 million.

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.

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.

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.

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.

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.

INDUSTRIALAUTOMATIONINDIA

ELGi launches future ready, energy-efficient portable air compressors at EXCON 2019

13th December 2019

Elgi Equipments, one of the world’s leading air-compressor manufacturers, today launched its future ready, energy-efficient range of electric and diesel portable air compressors at EXCON 2019, at the outdoor arena, stand OD 10.

SILICONCITYNEWS

ELGi Launches Future Ready, Energy-Efficient Portable Air Compressors At EXCON 2019

11th December 2019

Elgi Equipments (BSE: 522074 | NSE: ELGIEQUIP), one of the world’s leading air-compressor manufacturers, today launched its future ready, energy-efficient range of electric and diesel portable air compressors at EXCON 2019, at the outdoor arena, stand OD 10.

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