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| Exchange Disseminated Time | Elgi Equipments Ltd has informed BSE that the Company has acquired 100% of Rotair S.p.a. The acquisition is through a 100% subsidiary incorporated in Italy, Elgi Compressors Italy S.r.I.
Rotair S.p.a is located in Northern Italy and engaged in the design, manufacture and distribution of a range of compressors and allied products for the construction and industrial sectors. The Company has an annual turnover of Euro 15 million, and has market presence across Europe and other leading international markets. |
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