M.R. Organisation Ltd., a subsidiary of Aeroflex Enterprises Limited (formerly SAT Industries Limited), has acquired a 51% equity stake in ABP Impex, based in Portugal (EU), through its USA subsidiary.
ABP Impex specialises in services for high-pressure compressors and has robust EBITDA margins.
The acquisition aims to expand M.R. Organisation’s compressor business and strengthen its position in the aftermarket and global compressor service sectors.
Key benefits include expansion of products and services in Portugal, Latin America, and Europe, cross-selling opportunities, and leveraging ABP Impex's industry expertise.
Mr. Mayur Kamdar (Managing Director – M.R. Organisation Limited) said, “This acquisition strategically expands us into the high-pressure compressor market, leveraging ABP’s specialised global service capabilities in Latin America and Europe, where we aim to establish a leading presence through technical excellence & service support.”