News > Kirloskar Pneumatic to acquire majority stake in S&C, shares rise

Kirloskar Pneumatic to acquire majority stake in S&C, shares rise

21/06/2024 05:21 PM | Click to read full article

Kirloskar Pneumatic Company Ltd.’s shares were up 3.65 per cent. The company, in the industrial refrigeration sector, has more than 700 installations across various industries including dairy, pharmaceutical, chemical, and fertilizer. The company said this acquisition aims to help expand its business and enter new market segments related to its current operations. The transaction is expected to be completed within the next three months.

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