Everest Kanto - Updates
Everest Kanto Cylinder Ltd has informed BSE that EKC International FZE, Dubai, wholly owned subsidiary of the Company has informed the Company that it has formed a wholly owned subsidiary in Hungary by the name of EKC Hungary Ltd. Further EKC Hungary Ltd has formed a wholly owned subsidiary in U.S.A by the name of CP Industries Holdings, Inc.
Together EKC Hungary Ltd and CP Industries Holdings, Inc shall be acquiring all the assets of CP Industries, Inc., located in McKeesport, Pittsburgh, U.S.A which is a division of Reunion Industries Inc, USA. CP Industries, Inc, manufactures and sells large seamless pressure vessels for the containment and transportation of pressurised gases and is a global leader in this business.
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