Aeroflex Enterprises (NSE:SATINDLTD, BOM:511076) said its subsidiary M.R. Organisation has acquired a 51% stake in Portugal-based ABP Impex through its US unit, according to a Wednesday filing.
The deal aims to strengthen its global high-pressure compressor service business, the company said in the filing.
The acquisition is expected to expand its footprint across Portugal, Europe, and Latin America, with cross-selling opportunities and enhanced technical capabilities, it said.
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