Elgi Equipments' US arm to acquire minority stake in CS Industrial Services LLC, USA
Elgi Equipments announced that Elgi Compressors USA Inc., USA, a wholly owned subsidiary of the Company has entered into an operating agreement for acquisition of 33.33% in the share capital of CS Industrial Services LLC, USA, a North Carolina limited liability company on 09 March 2023.
CS Industrial Services LLC will act as an exclusive dealer / distributor for Elgi Compressors USA Inc, for sale of ELGi branded compressors in Western New York region.
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First Published: Mar 10 2023 | 6:18 PM IST