MRO acquires UK based air compressor company

Ahmedabad-based MR Organisation (MRO) Limited today said it has acquired 100% equity stake in UK-based air compressor parts supplier Standard Air Limited (Standard Air).

Both MRO and Standard Air supply air compressor parts to various companies across the globe. While MRO’s supply base is spread across 72 countries, Standard Air caters to all major European and American air compressor brands across the UK, Europe and the Middle East.

“An acquisition of a quality player such as Standard Air provides a stronger and deeper presence of MRO in Europe, one of the key markets for the company. The transaction will provide the necessary growth and global footprint signifying continued strong performance of MRO,” Mayur Kamdar, MD of MRO was quoted in the release.