AHMEDABAD: Air cooler maker SymphonyBSE 1.24 % Limited on Thursday announced acquisition of Chinese air cooler company Munters Keruilai Air Treatment Equipment (Guangdong) Co. Ltd. (MKE) that owns the brand Keruilai, for Rs 1.5 cr. Symphony CMD Achal Bakeri said the company has signed an equity transfer agreement (ETA) with shareholders of the Chinese company to acquire 100 per cent of the equity share capital of MKE. The acquisition will facilitate Symphony’s access into China, the se ..
Source: Economic TimesSymphony acquires Chinese air cooler brand Keruilai
Industry: Manufacturing 2015-12-01
